Are FTC And DOJ Staff Regulating US Companies Via Foreign Fiat?

  • 📰 Forbes
  • ⏱ Reading Time:
  • 66 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 30%
  • Publisher: 53%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

The DMA and DSA adopted by European regulators with behind-the-scenes assists from FTC and DOJ undermine fair global trade by hobbling only US companies

, only a few months after DMA and DSA were enacted, FTC Chair Lina Khan was grilled about revelations that her office has been. The issue is that the FTC and DOJ, according to the collusion theory, worked actively with the European Commission as it created a rule that would require US companies to share customer data with competitors and ban them from bundling services or favoring their own products, among other things.

Under the DMA, the European Commission can designate digital platforms as “gatekeepers” if they provide an important gateway between businesses and consumers in relation to core platform services.

In addition, the news is, “the Commission has opened a market investigation to further assess whether Apple's iPadOS should be designated as gatekeeper, despite not meeting the thresholds. Under the DMA, this investigation should be completed within a maximum of 12 months [...] the Commission has concluded that, although Gmail, Outlook.

The European Commission goes on to define the next steps for designated gatekeepers and remind them that they now have “six months to comply withIf that result after interaction between US staffers and European regulators doesn’t sound shocking, it should., by disadvantaging specific successful American companies, and opening anplaying field to European and Chinese companies.

If these assumptions of abuse of power behind the scenes play out as assumed, this kind of backdoor regulation imposed by staffers and not our own legislators is a terrible precedent in a global tech and marketing economy. In fact, the FTC and DOJ seem to have been emboldened to do similar things in negotiations over the Indo-Pacific Economic Framework , a new U.S.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 394. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

FTC seeks $5.8M penalty against San Diego background check companiesIn a complaint filed Monday, the FTC says the companies behind the TruthFinder and Instant Checkmate services failed to take steps to ensure their background reports were accurate.
Source: 10News - 🏆 732. / 50 Read more »