Obama accuses EU of attacking American tech companies because it ‘can’t compete’

Barack Obama has angered officials in Europe after suggesting that investigations by the European Union into companies like Google and Facebook were “commercially driven.” In an interview with Recode, the president claimed that European “service providers who … can’t compete with ours, are essentially trying to set up some roadblocks for our companies to operate effectively there.” The truth, however, is more nuanced than this.

“our companies have created it, expanded it, perfected it.”

Obama says: “We have owned the internet. Our companies have created it, expanded it, perfected it in ways that they can’t compete. And oftentimes what is portrayed as high-minded positions on issues sometimes is just designed to carve out some of their…

Continue reading…

The Verge – All Posts

Leave a Comment