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Eugene

(61,899 posts)
Wed Jun 26, 2019, 03:14 PM Jun 2019

Trump suggests EU out of line in suing U.S. tech firms

Source: Reuters

TECHNOLOGY NEWS JUNE 26, 2019 / 9:14 AM / UPDATED 30 MINUTES AGO

Trump suggests EU out of line in suing U.S. tech firms

WASHINGTON (Reuters) - U.S. President Donald Trump on Wednesday suggested the European Union was out of line in suing U.S. technology companies like Facebook and Alphabet Inc’s Google, saying legal action against those firms should be the purview of the United States.

“She hates the United States perhaps worse than any person I’ve ever met,” Trump said in an interview with Fox Business Network in an apparent reference to EU competition commissioner Margrethe Vestager. Her office declined to comment.

Europe’s competition authority has taken a tough stance against Google, handing down three fines totaling more than $9 billion in recent years.

In a 2017 deal with the EU, Google agreed to pay $2.7 billion to resolve claims it unfairly steered business toward its shopping platform. In March, it was fined $1.7 billion in a case focused on illegal practices in search advertising brokering from 2006 to 2016.

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Read more: https://www.reuters.com/article/us-usa-trump-tech/trump-suggests-eu-out-of-line-in-suing-u-s-tech-firms-idUSKCN1TR1V0
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Trump suggests EU out of line in suing U.S. tech firms (Original Post) Eugene Jun 2019 OP
What a bozo. Karadeniz Jun 2019 #1
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