EU General Court’s decision unlikely to be end of the matter
The European Court of Justice ruling that Apple did indeed owe Ireland billions in back taxes may have been the main event so far in the EU’s battle with big tech, but regulators on this side of the Atlantic have not had everything their own way.
According to Margrethe Vestager – the key player in the saga as the EU’s competition chief – Google had set anticompetitive restrictions on third-party websites for a decade until 2016. Indeed, she had argued that the fine was a result of what she called the “serious and sustained nature” of the offence.
But how big a deal is this decision really? No doubt it is a blow to the commission, and to Vestager as she exits the competition regulation role. It is unlikely to be the end of the matter, however. The commission can still appeal to the European Court of Justice, something it will almost certainly do given the amount of money at stake.
Google Margrethe-Vestager Apple-Tax
Ireland Latest News, Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Google wins appeal against €1.5bn EU competition fineEU’s General Court annuls financial penalty against search giant in legal victory for Big Tech
Read more »
Former top VW executive goes on trial over emissions fraudMartin Winterkorn trial comes as company seeks €5bn of cuts amid slowdown
Read more »
Murdoch’s REA mulls bid for $5bn UK housing site RightmoveRightmove has maintained steady revenue growth in recent years
Read more »
Irish exports increase by €9.5bn to €126bn as big pharma bounces back from slumpLatest trade numbers point to recovery in pharma exports after 2023 slump
Read more »
Budget 2025: Cost-of-living package worth €1.5bn under considerationFigure would allow mix of lump-sum payments to welfare recipients and further rollout of energy credits
Read more »
Plans for €2.5bn apartment remediation scheme to go before CabinetArrangement to fund remediation of defects for between 62,500 and 100,000 Celtic Tiger-era apartments or duplexes
Read more »