Trump Throws Tantrum After EU Shows What It Looks Like to Hold Tech Giants Like Google to Account | Common Dreams
Briefly

Trump Throws Tantrum After EU Shows What It Looks Like to Hold Tech Giants Like Google to Account | Common Dreams
"Europe today 'hit' another great American company, Google, with a $3.5 billion fine, effectively taking money that would otherwise go to American investments and jobs,"
"Very unfair, and the American taxpayer will not stand for it! As I have said before, my administration will NOT allow these discriminatory actions to stand. Apple, as an example, was forced to pay $17 billion in a fine that, in my opinion, should not have been charged-they should get their money back!"
"we cannot let this happen to brilliant and unprecedented American Ingenuity and, if it does, I will be forced to start a Section 301 proceeding to nullify the unfair penalties being charged to these taxpaying American companies."
"Google abused its dominant position in adtech harming publishers, advertisers, and consumers"
"must now come forward with a serious remedy to address its conflicts of interest, and if it fails to do so, we will not hesitate to impose strong remedies."
The European Commission fined Google €3.2 billion ($3.45 billion) for anticompetitive practices, including payments ensuring its search engine received preferential treatment on browsers and mobile phones. The commission demanded that Google implement measures to cease inherent conflicts of interest along the adtech supply chain. EU competition chief Teresa Ribera said Google abused its dominant adtech position, harming publishers, advertisers, and consumers, and must present a serious remedy or face strong remedies. President Donald Trump criticized the fine on social media as unfair, warned of economic harm to American investments and jobs, and threatened a Section 301 proceeding.
Read at Common Dreams
Unable to calculate read time
[
|
]