Announced U.S. – EU Trade Deal is a Mixed Bag for Small Tech Companies and App Developers

Announced U.S. – EU Trade Deal is a Mixed Bag for Small Tech Companies and App Developers
Association for Competitive Technology

Association for Competitive Technology

#Trade

 

Statement from Morgan Reed, president of ACT | The App Association:

“We are relieved to see the EU’s commitment not to adopt or maintain network usage fees and pleased with their decision to maintain zero customs duties on software and digital goods,” said Morgan Reed, president of ACT | The App Association. “Unfortunately, the announced details of the U.S.-EU trade deal do not include any action to reduce EU regulatory burdens, like the Digital Markets Act or the AI Act, that are huge barriers to global digital trade and anchors slowing innovation from small technology companies, both in the United States and in Europe.”

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