Finance

European digital rule-book not up for negotiation, says EU's Ribera

Published by Global Banking & Finance Review

Posted on November 25, 2025

1 min read

· Last updated: January 20, 2026

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European digital rule-book not up for negotiation, says EU's Ribera
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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

EU's Digital Rule-Book Not Open for Negotiation, Ribera States

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)

Key Takeaways

  • EU's digital rule-book is non-negotiable.
  • Ribera emphasizes consumer protection and fair markets.
  • US seeks more balanced EU tech regulations.
  • US offers tariff reduction on steel and aluminium.
  • EU aims to preserve its values and defend its people.

Frequently Asked Questions

What is the European Commission?
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.
What is regulation in finance?
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.
What is consumer protection?
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.
What is a digital rule-book?
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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