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EU Competition Chief Margrethe Vestager At SXSW – “We Care About Safety In Physical Products, We Have Not Cared Enough” About Digital Risks
The European Commission's Margrethe Vestager, one of the world’s most powerful and proactive regulators, sat down for a session at SXSW today.
The head of the EU’s Competition Commission has developed key digital privacy laws, rules on hate speech and most recently a framework for AI(one area where she’s heartened by a global push to face its existential risk). Last week, her Committee fined Apple an unexpectedly high $2 billion for stifling competition for streaming music on its app store. And if the market is closed, if it’s not your hard work, your ability to attract investors that makes you successful or not, then I think we have something to do,” she said.
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