Tech support

Competition, chips and AI on the table at the first US-EU business and technology meeting


Flags of the United States and the European Union are pictured during Vice President Mike Pence’s visit to the European Commission headquarters in Brussels, Belgium on February 20, 2017. REUTERS / François Lenoir

WASHINGTON, Sept.27 (Reuters) – The United States and the European Union hope to discuss chip shortages, artificial intelligence and technological competition concerns at the first meeting of the Trade and Technology Council this week senior US administration officials said Monday.

On Thursday, Reuters was the first to report actions the United States and European Union plan to announce from the first TTC meeting, such as taking a more unified approach to limit the growing market power of Big Techs. .

Earlier this month, the White House announced that the council would meet for the first time on September 29 in Pittsburgh. US Secretary of State Antony Blinken, Commerce Secretary Gina Raimondo, US Trade Representative Katherine Tai and EU Trade Chief Valdis Dombrovskis are expected to attend, as well as EU Competition Commissioner Margrethe Vestager.

EU trade and digital chiefs on Sunday said the council would give Europe more weight and set standards and rules for the 21st century.

“As an administration, we believe in strong pro-competition regulation. (…) We believe that as part of this we have opportunities to work with the European Union,” said an administration official.

Administration officials said the United States was discussing with its European counterparts the issues and recommendations it has regarding the Digital Markets Act and the Digital Services Act – European Union legislative proposals that provide a framework to regulate the technology sector.

Tech trade groups such as the US-based Computer and Communications Industry Association (CCIA) have said many attempts to regulate the tech sector have focused on US tech companies and a handful of European tech companies.

“So if the Europeans can somehow get the Americans to say the same things or convince them that what the Europeans are doing is the right approach, that would be a major victory for the Europeans,” he said. said Christian Borggreen, Vice President and Chief Executive Officer. of the Brussels office of the CCIA.

The powerful United States Chamber of Commerce said the TTC’s actions should “avoid policies and regulatory measures that target companies headquartered in the other party – explicitly or implicitly – through the law. or regulations “.

Alleviating a severe chip shortage that has hurt businesses, including U.S. automakers, will be a priority for the panel, officials said.

The development and implementation of artificial intelligence that improves privacy will also be reviewed and a joint study on how the technology affects global commerce will be undertaken, they said.

A US administration official also said that the US-EU discussions on steel and aluminum tariffs were taking place on a separate track from the Trade and Technology Council process. , hopefully with guidance on the way forward by the end of the year.

Reporting by Nandita Bose and David Lawder in Washington; Editing by Nick Macfie and Jonathan Oatis

Our Standards: The Thomson Reuters Trust Principles.


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