BRUSSELS, Belgium— The second meeting of the US-EU Joint Technology Competition Policy Dialogue (TCPD) was held here.
Representing the United States were Federal Trade Commission Chair Lina M. Khan and Jonathan Kanter, the Justice Department’s Antitrust Division’s assistant attorney general Jonathan Kanter.
Representing the EU was EVP Margrethe Vestager of the European Commission.
The three leaders met to take stock of the progress made on their cooperation efforts to ensure and promote fair competition in the digital economy, since the agencies launched the TCPD on Dec. 7, 2021, the FTC said.
Global Challenges
“Dominance in digital markets poses global challenges, which makes global cooperation by antitrust enforcers essential,” said Khan in a statement. “Deepening our partnership and exchanging insights with our European colleagues can help ensure that our enforcement practices and policies reflect modern market realities. Ultimately these efforts to promote fair competition in digital markets will benefit consumers, businesses, and workers on both sides of the Atlantic.”
Added Vestager, “With today’s meeting, we have continued the long standing tradition of close cooperation in competition policy and enforcement between the European Commission and the U.S. competition authorities. In the fast evolving technology sector, this cooperation is crucial to achieve a fair and inclusive digital transformation on both sides of the Atlantic.”
Focus of Discussions
According to the FTC, the high-level discussion focused on several topics, including the importance of horizon scanning to identify key technologies and issues that may raise competition concerns in the future, the adoption of effective remedies in digital cases, and the forthcoming update to the U.S. Merger Guidelines.