The European Union’s (EU) Digital Markets Act (DMA) targets highly successful American companies, harming innovation and job creation. The Developers Alliance joined six other leading tech organizations demanding that the White House stand up to their EU counterparts and push back against this harmful regulation.
Washington, D.C., September 15 – The Developers Alliance has released the following statement addressing its support for a letter addressed to President Biden regarding the EU’s Digital Market Act.
- Last year, France’s Digital Minister stated that the EU’s Digital Markets Act would target between 15 and 20 companies. The EU has since announced that only six firms would be regulated by the DMA – five of which are American companies and none of which are European.
- The Digital Markets Act mandates that these companies have six months to comply with burdensome requirements that will make products less private, less secure, and much less useful to consumers.
- Leading American innovators are job creators and economic engines for the U.S. economy.
The following quote can be attributed to Geoffrey Lane, Head of U.S. Policy for the Developers Alliance:
“Make no mistake, the Digital Markets Act was created with a single goal in mind: harm American companies to tilt the playing field in favor of their EU competitors. The digital economy has created an untold number of jobs and generated billions of dollars for the U.S. economy. We call on President Biden to quickly push back against this unfair regulation to protect American workers and our economy. We stand ready to work with him and his EU partners to ensure new regulations are crafted in a thoughtful manner that spurs innovation, job creation, and economic growth.”
About The Developers Alliance
The Developers Alliance is the world’s leading advocate for software developers and the companies invested in their success. Alliance members include industry leaders in consumer, enterprise, industrial, and emerging software development, and a global network of more than 75,000 developers.
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