The news: The EU, which has spearheaded landmark regulatory efforts to rein in Big Tech, is running into issues getting members to agree on how far to take their antitrust efforts, per The Financial Times.
Why it’s worth watching: Right and left factions of the EU are struggling to agree on the scope of antitrust measures needed to regulate Big Tech companies. The disputes could reportedly delay implementation for years.
“It sounded like we had agreed but that is not the case ... at all. We are a long way from having a common position on this,” said Evelyne Gebhardt, a German MEP.
The problem: Various countries and regions are looking to the EU to lead in regulating Big Tech, but cracks in the system are beginning to show.
It was revealed in September that Ireland is the “bottleneck” slowing down the EU’s General Data Protection Regulation (GDPR) enforcement, exposing the weakness of tasking a handful of countries to enforce GDPR rules.
What’s next? The US and the EU planned to take a more unified approach in their Big Tech regulation efforts and held a meeting last month, per Reuters. If successful, collaboration between various regulatory bodies could make it harder for US tech companies to fight new rules.