EU court rules Google, Apple must pay billions of euros in antitrust, tax cases

Apple, Google must pay billions in back taxes and fines, EU court rules

The European Union’s top court has ruled that Apple and Google must pay billions in back taxes and antitrust fines, respectively, in two landmark cases that...

Apple, Google Must Pay Billions in Back Taxes and Fines, E.U. Court Rules

The European Court of Justice said Apple must repay about $14.35 billion after reaping illegal tax benefits in Ireland and backed a $2.65 billion antitrust fine on Google.

Google lost fight against USD 2.7 Billion EU antitrust fine

Alphabet's Google has reportedly lost its fight against a 2.42 billion Euro (USD 2.7 billion) fine which was levied by EU antitrust regulators seven years ago (in 2017), one of a trio of hefty fines meted out to the company for various anti-competitive practices. The European Commission fined the world's most popular internet search engine in 2017 for using its price comparison shopping service to gain an unfair advantage over smaller European r…

Google and Apple face billions in penalties after losing EU appeals

The decisions, handed down by the Court of Justice of the European Union, were seen as an important test of efforts to clamp down on the world’s largest technology companies.

Google, Apple lose court fights against EU, owe billions in fines, taxes

LONDON — Google lost its last bid to overturn a European Union antitrust penalty, after the bloc's top court ruled against it Tuesday in a case that came with a whopping fine and helped jumpstart an era of intensifying scrutiny for Big Tech companies. The European Union's top court rejected Google's appeal against the $2.7 billion penalty from the European Commission, the 27-nation bloc's top antitrust enforcer, for violating antitrust rules wit…

Apple and Google lose billions in back taxes, EU fines across the pond

The European Commission scored two big wins against major U.S. tech companies on Tuesday, Sept. 10. Both Apple and Google will have to pay billions of euros after nearly a decade of fighting in EU courts.  Apple lost its final appeal to avoid paying $14.34 billion in back taxes to Ireland. The European Court of Justice ruled the iPhone-maker received too sweet of a deal to make Ireland its European headquarters. The ruling stems from a practice …