Tuesday, September 10, 2024

BloombergApple, Google lose multibillion dollar court fights with EU

Apple Inc. and Google have faced significant setbacks in the European Union courts. Apple is ordered to pay a €13 billion tax bill to Ireland, while Google must pay a €2.4 billion fine for abusing its market power. These rulings are part of the EU's broader effort to regulate Big Tech and ensure fair competition.

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