Tag: Protectionism

The European Commission has earmarked €450 million to fund companies working on cybersecurity, in a bid to slash the growing number of attacks on private firms and governments. Estimates from the Commission point to annual damages worth up to €500 billion resulting from technology security attacks worldwide. Under a new agreement backed by the EU […]

EU lawmakers have spoken out against accusations that Europe is promoting protectionism aimed at damaging American technology firms. Fifty-one MEPs signed a letter striking back at US politicians’ claims that EU regulations of tech companies are attempts to deflate American companies’ success. “As Members of European Parliament we are surprised and concerned about the strong […]
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