Margrethe Vestager has been waiting for an administration like this — the European Union’s top tech cop says it’s a “dream come true” to have a president in the White House who’s dedicated to reeling in Big Tech. But what will that EU-U.S. cooperation look like? That’s what host Ryan Heath wants to know. Also on the docket: Vestager’s game plan to protect whistleblowers, plus her own rules for tech at home.
On the U.S. as an ally in regulating Big Tech
“I think it’s interesting what is happening in the U.S. right now — both on competition law enforcement and the signals sent there, with Lina [Khan]’s appointment, with [Jonathan] Kanter, with the executive order. That is like a dream come true to see a president take that kind of interest in so many different markets.” – Margrethe Vestager, European Commission executive vice president and commissioner for competition.
On what she wants from a global corporate tax rate
“I know this sounds like a slogan, but it’s better to have 80 percent now than 100 percent never. And this is basically where you are on taxation: If you’re asking for perfect, you’re never going to get it. But if we could get a floor under corporate taxation and we could get sort of a fair distribution of taxing rights, we would have taken a major step towards tax justice. This ought to happen this autumn”.
On holding companies like Facebook accountable
“What we want to achieve is that the really important decisions concerning how we use technology are taken in our democracy and not in closed boardrooms because that doesn’t serve us well”.
“I think that the people who dare to blow the whistle, do not only serve a specific aim in the specific thing that they are addressing. Also, they make businesses realize that they need to clean up the act because transparency will be a real thing”.
On which online ads she’s being microtargeted for
“One of the things that I don’t understand is why I get all these bitcoin commercials. Why do you think I would want this? You must think that I am crazy. But I get it so much. I get it in my mailbox, I get it in my feeds in whatever social media I use. That is just mind-boggling. That doesn’t make me change my settings to have as they say, ‘to enable us better to service you’ — it’s still a thank you, but no thanks”.News Source: POLITICO