Zuckerberg’s Plea to Trump: Stop EU Fines on US Tech
Over the past two decades, EU penalties against U.S. tech companies, totaling over $30 billion, have prompted Meta CEO Mark Zuckerberg to criticize the European Commission’s application of competition rules as akin to a tariff on American businesses. Zuckerberg contends that the U.S. government failed to adequately address this issue, leaving American tech companies vulnerable to EU actions. This criticism follows Meta’s recent €797 million fine for antitrust violations and coincides with the company’s termination of its third-party fact-checking program and DEI initiatives, moves perceived as aligning with a shifting political climate in the U.S. These actions reflect a changing legal and policy landscape impacting Meta’s operations in Europe.
John Q. Hosedrinker