
EU Digital Commissioner Margrethe Vestager has urged Chinese tech companies to comply with EU regulations. “Chinese companies have to play by our rules,” said Vestager in an interview with the Tagesspiegel on Sunday. With regard to the video app TikTok, which is especially popular with young people, and its Chinese parent company ByteDance, the Dane said that there were “concerns about privacy and data protection”. “But we haven’t received any competition complaints about TikTok so far,” she added.
The EU must make the principles of fair competition clear to Chinese digital companies, said the EU Commission Vice-President. “Anything else would be unfair to companies that pay their taxes, create jobs and innovations here,” said Vestager.
In addition, Vestager believes that greater regulation of digital companies such as Apple or Facebook through American politics is possible. “There is a turning point in the US right now,” she said. There is increasing bipartisan consensus in the US that “some things in the digital sector are not going in the right direction,” Vestager said.
Full Content: Pledge Times
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
South Africa Approves Canal+ MultiChoice Deal
May 21, 2025 by
CPI
WhatsApp Co-Founder Undermines Antitrust Allegations Against Meta in Court Testimony
May 21, 2025 by
CPI
OpenAI Acquires Jony Ive’s io for $6.4B to Pioneer Post-Smartphone Devices
May 21, 2025 by
CPI
Dior Commits €2 Million to Labor Initiatives in Italian Antitrust Settlement
May 21, 2025 by
CPI
Indonesia’s Antitrust Watchdog Probes Potential Risks of Grab-GoTo Merger
May 21, 2025 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Industrial Policy
May 21, 2025 by
CPI
Industrial Strategy and the Role of Competition – Taking a Business Lens
May 21, 2025 by
Marcus Bokkerink
Industrial Policy, Antitrust, and Economic Growth: Some Observations
May 21, 2025 by
David S. Evans
Bolder by Design: Crafting Pro-Competitive Industrial Policies For Complex Challenges
May 21, 2025 by
Antonio Capobianco & Beatriz Marques
Competition-Friendly Industrial Policy
May 21, 2025 by
Philippe Aghion, Mathias Dewatripont & Patrick Legros