Trump Criticizes EU Antitrust Fines

This is a Ireland news story, published by Yahoo Finance, that relates primarily to Zuckerberg news.

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Trump opens a divide between US and EU over Big Tech

Summary

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76% Informative

The EU has been aggressively tackling the power of American tech companies for years .

The bloc fined Apple 13 billion euros over back taxes owed to Ireland .

In November , the EU fined Meta 797 million euros over claims that it breached antitrust rules through its Facebook Marketplace service.

The Federal Trade Commission has also filed antitrust lawsuits against Amazon and Meta .

Altman, Bezos , Cook , Zuckerberg , Zuckerberg and Pichai each attended Trump ’s inauguration Monday .

Altman and Apple CEO Tim Cook donated $1 million to the inauguration.

With Big Tech working to gain Trump 's favor and the president openly defending them against EU antitrust matters, there's a chance that the companies could enjoy a more forgiving regulatory environment for the next four years .

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formal

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English

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