Top EU financial supervisors caution that weakening regulations could precipitate another financial crisis. Dominique Laboureix, head of the Single Resolution Board, and Frank Elderson, vice-chair of the ECB supervisory board, stress the importance of maintaining robust financial protections to manage volatility and prevent future crises.
CROFAM SOCIAL NETWORK
Brussels, Belgium – A new regulatory battle is brewing between the United States and the European Union over the EU’s Digital Markets Act (DMA), which targets large tech platforms.
Key Points:
• U.S. lawmakers argue the DMA disproportionately impacts American companies like Google, Apple, and Meta.
• The EU insists the law is not anti-American but designed to promote fair competition.
• The Biden administration is considering retaliatory trade measures.
Why It Matters:
This dispute could impact global tech regulation and shape how digital markets operate worldwide.
Crofam Technology Alerts US and EU Face Off Over Big Tech Regulation
