Items tagged with european commision

Google is in essence in damage control model following a European Union fine imposed on the company totaling $5 billion. The European Commission has called on Google to cease its "illegal conduct" relating to its business operations with the Android operating system "in an effective manner within 90 days of the decision". The European Commission is skewering Google over these three critical violations. "First, Google's practices have denied rival search engines the possibility to compete on the merits," writes the European Commission. "The tying practices ensured the pre-installation of Google's search engine and browser on practically all Google Android devices and the exclusivity payments... Read more...
Apple’s longstanding beef in the European Union over allegations of tax dodging has finally come to a dramatic end (pending an appeal, of course). In essence, Apple simply delayed the inevitable, as the European Commission is ordering that the American tech giant repay 13 billion euros ($14.5 billion) in back taxes to Ireland, plus interest. At the center of the complaint is the “Double Irish” loophole, which allowed Apple to funnel profits through two subsidiaries: Apple Sales International and Apple Operations Europe. According to the European Commission, these were companies in name only, and simply existed on paper to "substantially and artificially [lower]” Apple’s tax burden with the European... Read more...