Business Day

EU antitrust chief to meet big tech bosses

- Foo Yun Chee

EU antitrust chief Margrethe Vestager will meet the bosses of technology firms Apple, Alphabet, Broadcom and Nvidia in the US this week, her communicat­ions adviser said.

The meetings come a month after Vestager resumed her job after her failed bid to head the Luxembourg-based European Investment Bank, with antitrust experts expecting her to show a tougher line towards companies in both merger and competitio­n investigat­ions.

Vestager will meet Apple CEO Tim Cook, Alphabet CEO Sundar Pichai and its chief legal officer Kent Walker, Broadcom CEO Hock Tan and Nvidia CEO Jensen Huang in San Francisco and Palo Alto on Thursday and Friday, her adviser Christina Holm Eiberg said.

She will also meet OpenAI chief technology officer Mira Murati and chief strategy officer Jason Kwon.

The meetings will focus on European digital regulation and competitio­n policy.

The meeting with Cook comes as the iPhone maker last year offered to let rivals access its tap-and-go mobile payments systems used for mobile wallets in an effort to settle Vestager’s investigat­ion and stave off a possible hefty fine.

The European Commission is likely to seek feedback from rivals and customers this month though a final decision has not been made, people familiar with the matter said last month.

Vestager’s meeting with Alphabet on January 11 is the same day an adviser to Europe’s top court is scheduled to offer a non-binding recommenda­tion on whether judges should accept or reject Alphabet unit Google’s appeal against a €2.42bn EU antitrust fine imposed for market abuse related to its shopping service.

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