The EU Must Break Up Big Tech
Big Tech firms are not just draining Europe’s resources and straining its energy grids; they also pose a direct threat to its economy. To save the European Union’s Green Deal and restore economic competitiveness, the bloc’s new antitrust chief, Teresa Ribera, must rein in these firms’ outsize power.
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BARCELONA – Teresa Ribera faces a formidable challenge. In September, Spain’s socialist deputy prime minister was tapped by European Commission President Ursula von der Leyen to take on the role of executive vice president for a clean, just, and competitive transition, placing her in charge of two critical policy areas: competition and climate action.