According to Apple, the DMA effectively requires it to hand over intellectual property to competitors, including companies whose business model relies on copying others. This intervention, argues the company, allows officials or third parties to influence iPhone development to the point of micromanagement, making it harder to introduce new technologies in Europe.
Europe's real problem with these tech giants is envy. America innovates while they regulate.
The Trump administration issued an Executive Order in its first weeks back in office instructing federal agencies to defend America’s trillion dollar tech companies against these acts of aggression by European regulators and lawyers.
The Trump trade team should in trade negotiations with Europe defend against these regulatory assaults – which are as destructive to trade as any tariff.
