The upcoming U.S. election is expected to have significant implications for European tech regulation, particularly in the realm of big tech.
The current administration has taken a confrontational stance against major tech companies, which has emboldened EU regulators to introduce the Digital Markets Act.
The regulatory landscape is uncertain, with differing visions from Donald Trump and Kamala Harris. The fate of Lina Khan, the current chair of the FTC, is also a focal point for regulators on both sides of the Atlantic.
The dominance of American tech companies is a concern for European regulators and consumers, and the EU's Digital Markets Act aims to address this by imposing stricter regulations. However, the success of these initiatives depends on meaningful dialogue and collaboration with the U.S.
The election outcome will shape the regulatory environment for big tech and influence broader geopolitical dynamics. European regulators are concerned about a potential return to a more adversarial relationship with the U.S., which could hinder their ability to enforce new regulations effectively.