Trump just noticed Europe’s $5BN antitrust fine for Google

In other news bears shit in the woods. In today’s second day Trump news: President ‘The Donald’ has seized, belatedly, on the European Commission’s announcement yesterday that it had found Google guilty of three types of illegal antitrust behavior with its Android OS since 2011 and was fining the company $5 billion; a record breaking penalty […]

View More Trump just noticed Europe’s $5BN antitrust fine for Google

Google gets slapped $5BN by EU for Android antitrust abuse

Google has been fined a record breaking €4.34 billion (~$5BN) by European antitrust regulators for abusing the dominance of its Android mobile operating system. Competition commissioner Margrethe Vestager has tweeted to confirm the penalty ahead of a press conference about to take place. Stay tuned for more details as we get them. Fine of €4,34 […]

View More Google gets slapped $5BN by EU for Android antitrust abuse

Apple started paying $15 billion European tax fine

It took a couple of years, but Apple has started to pay back illegal tax benefits to the Irish government. The company has paid $1.77 billion (€1.5 billion) into an escrow account designed to hold the fine. Apple has to pay $15 billion in total (€13 billion). In August 2016, the European Commission said that […]

View More Apple started paying $15 billion European tax fine