Finance
European digital rule-book not up for negotiation, says EU's Ribera
Published by Global Banking and Finance Review
Posted on November 25, 2025
1 min readLast updated: January 20, 2026
Global Banking and Finance Review
Company
Published by Global Banking and Finance Review
Posted on November 25, 2025
1 min readLast updated: January 20, 2026
EU's digital rule-book remains firm, says Vice President Ribera, despite US calls for balanced tech regulations in exchange for tariff reductions.
BRUSSELS (Reuters) -The European digital rule-book is not up for negotiation, European Commission Vice President Teresa Ribera said in response to comments made by U.S. Commerce Secretary Howard Lutnick.
Lutnick on Monday said that the European Union should make its regulation of the tech sector more "balanced" in exchange for a reduction of U.S. tariffs on steel and aluminium imports from the bloc.
"We, Europeans, have adopted our rules to ensure fair markets and to protect consumers rights...It's our duty to preserve our values and to defend our people," Ribera said on Monday evening.
(Reporting by Charlotte Van Campenhout, Yun Chee Foo, Editing by Kirsten Donovan)
The European Commission is the executive branch of the European Union responsible for proposing legislation, implementing decisions, and managing the day-to-day operations of the EU.
Regulation in finance refers to the rules and laws that govern financial institutions and markets to ensure stability, transparency, and fairness in the financial system.
Consumer protection involves laws and regulations designed to ensure the rights of consumers are upheld, promoting fair trade, competition, and accurate information in the marketplace.
A digital rule-book is a set of guidelines and regulations governing the digital economy, particularly in areas like technology and data management.
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