EU Competition Chief Margrethe Vestager At SXSW – “We Care About Safety In Physical Products, We Have Not Cared Enough” About Digital Risks
deadline.comThe Europe’s Margrethe Vestager, one of the world’s most powerful and proactive regulators, has made Europe a first mover in checking big tech for the public good and in the interest of competition.
The head of the EU’s Competition Commission has developed key digital privacy laws, rules on hate speech and most recently a framework for AI (one area where she’s heartened by a global push to face its existential risk).
Last week, her Committee fined Apple an unexpectedly high $2 billion for stifling competition for streaming music on its app store. “We’ve had Apple cases, Facebook cases, Amazon cases.
It all started before me with the Microsoft cases, and we have open Microsoft cases now,” she said Sunday during a Q&A at SXSW where she is receiving an award. “What is fundamental in an economy like ours is, can you make it to the marketplace?” “What gets me out of bed in the morning is the fight for equal opportunities.
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