Meta CEO Appeals to the Incoming Trump Administration to Intervene in Antitrust Penalties Imposed by the European Union
In a candid discussion on the Joe Rogan Experience podcast, Meta CEO
Mark Zuckerberg called on the soon-to-be-inaugurated administration of
Donald Trump to take a stand against the European Union’s enforcement of antitrust penalties that have notably impacted American technology firms.
According to Zuckerberg, it should be part of America's national strategy to defend its tech giants, which he sees as a strategic advantage for the country.
Zuckerberg's comments come amidst mounting European scrutiny over American tech behemoths, which have been fined over $30 billion over the past 20 years for various violations, according to Zuckerberg.
These sanctions include a hefty €797 million fine levied against Meta last November for breaching EU antitrust regulations by imposing unfair trading conditions on advertising service providers.
The Meta chief likened the EU's regulatory measures to a form of tax imposed on American corporations, suggesting that the U.S. government under President
Joe Biden had failed to adequately address the issue.
"It’s almost like a tariff," Zuckerberg said, emphasizing the need for governmental intervention in defense of critical industries.
Zuckerberg expressed optimism that the incoming Trump administration would be more proactive.
He portrayed Trump as a leader focused on ensuring American success.
"I think he just wants America to win," Zuckerberg added.
His remarks came shortly after Meta announced the discontinuation of its third-party fact-checking program, a decision interpreted by some as an attempt to align with the Trump administration, which has criticized content moderation policies as being biased.
Furthermore, amid shifting legal and political dynamics, Meta disclosed plans to retire its diversity, equity, and inclusion programs, signaling significant strategic adjustments within the vast social media conglomerate.
Zuckerberg's appeal highlights the ongoing tension between Silicon Valley and Brussels, a dynamic that stands to shape the global digital landscape amid battles over regulation, privacy, and market dominance.