US EditionEU court rules Google, Apple must pay billions of euros in antitrust, tax cases
- The European Court of Justice ruled that Apple must pay a €13 billion tax bill, occurring just after the company announced product upgrades.
- The court also upheld a €2.4 billion antitrust fine against Google for favoring its own services over competitors in Europe.
- Apple expressed disappointment, stating, “We always pay all the taxes we owe” and adding there has “never been a special deal.
330 Articles
330 Articles
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, 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…
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