Meta has expressed its disagreement with the European Commission's decision on the Digital Markets Act. In a statement, Joel Kaplan, Meta's Chief Global Affairs Officer, stated that the Commission's actions are discriminatory against American companies, while companies from China and Europe are held to different standards.
Kaplan argued that the changes required by the Commission, in what he described as forcing Meta to change its business model, are akin to imposing a multi-billion-dollar tariff on the company. He claimed that these changes would result in an inferior service from Meta and would also restrict personalized advertising.
Kaplan further stated, "The European Commission is attempting to handicap successful American businesses while allowing Chinese and European companies to operate under different standards. This isn’t just about a fine; the Commission forcing us to change our business model effectively imposes a multi-billion-dollar tariff on Meta while requiring us to offer an inferior service. And by unfairly restricting personalized advertising the European Commission is also hurting European businesses and economies."
The situation highlights ongoing tensions in international business regulation and digital competition.