eu cases against us firms
Last Updated : GMT 09:40:38
Themuslimchronicle, themuslimchronicle
Themuslimchronicle, themuslimchronicle
Last Updated : GMT 09:40:38
Themuslimchronicle, themuslimchronicle

Transatlantic tussles

EU cases against US firms

Themuslimchronicle, themuslimchronicle

Themuslimchronicle, themuslimchronicleEU cases against US firms

The EU says Apple owes Ireland 13 billion euros
Brussels - Muslimchronicle

The EU's decision to slap Amazon with a multi-million euro tax bill and take Ireland to court for not complying with a landmark case against Apple are the latest in a string of competition cases against US firms.

Here are the main European Union competition investigations targeting the US that Silicon Valley and Washington have slammed as unfair.

- Google -

In June, the EU hit Google with a record fine of 2.4 billion euros ($2.7 billion) for skewing search results in favour of its own shopping service. 

This is only one of three concurrent investigations into the US web giant, which controls about 90 percent of the search market in Europe.

In April 2016, the commission also opened a probe into whether Google gives unfair prominence to its own Android apps such as search, maps and music streaming in deals with mobile manufacturers that include Samsung and Huawei.

Then in July last year, Brussels targeted Google's advertising business, saying it had restricted some websites from displaying ads from competitors. 

In all the cases, Google risks a fine of 10 percent of worldwide global sales for one year.

- Apple -

Brussels came down hard last year on the world's most valuable company, Apple, ordering it to repay Ireland a record 13 billion euros ($14.3 billion) in back taxes.

The August 2016 ruling found that Apple had benefited from a series of Irish sweetheart tax deals that were illegal.

The US Treasury Department roundly rejected the reasoning of the commission's decision, and Apple and the government of Ireland both filed appeals.

In the wake of the LuxLeaks tax scandal the EU launched further inquiries into the practice of countries offering extremely low corporation tax rates in an effort to attract multinationals.

- Amazon -

Brussels on Wednesday ordered Amazon to pay 250 million euros in back taxes linked to an "illegal tax break" that Luxembourg granted the internet shopping giant.

The case hinges on the belief that a tax deal between Luxembourg and Amazon in 2003 constituted illegal state aid, giving the company an unfair advantage over competitors. 

- Starbucks -

In October 2015 the EU ordered US coffee maker Starbucks to repay the Netherlands 30 million euros in back taxes.

- McDonald's -

The EU launched a formal investigation in December 2015 into tax deals between US fast food giant McDonald's and Luxembourg, saying its preliminary assessment was that the arrangements breached state aid rules.

The case against McDonald's stemmed from a complaint by trade unions and the charity War on Want that accused McDonald's of avoiding around one billion euros ($1.1 billion) in taxes between 2009 and 2013, by shifting profits from one corporate division to another, and paying no local tax in Luxembourg.

- Microsoft -

In a historic case in March 2013, the European Commission fined US giant Microsoft 561 million euros ($638 million) for failing to comply with an order to provide clients with a choice of internet browsers for Windows 7, as it had promised to do.

It also fined the company 899 million euros in 2008, subsequently reduced to 860 million euros, for failing to comply with an order to share product information with rivals so that their software could work with Windows.

- Facebook-

The EU in May fined US social media giant Facebook 110 million euros ($120 million) for providing incorrect and misleading information on its takeover of WhatsApp, imposing its biggest penalty for such a breach.

The admonishment came after EU regulators cleared the then $19 billion Facebook acquisition of WhatsApp in late 2014, a decision that faced criticism in Europe.

- Intel -

Intel, the world's biggest chipmaker, was fined a record 1.06 billion euros in May 2009. The EU says it abused its stranglehold on the semiconductor market to crush its main rival, AMD.

 

themuslimchronicle
themuslimchronicle

GMT 02:57 2017 Saturday ,09 December

Facebook to launch chat app for kids

GMT 08:02 2017 Sunday ,03 December

Activists occupy Paris Apple store

GMT 14:00 2017 Friday ,14 July

Australia to compel chat apps to hand

GMT 23:52 2016 Wednesday ,08 June

Apple revamps App Store

GMT 07:11 2016 Wednesday ,06 April

WhatsApp toughens encryption
Themuslimchronicle, themuslimchronicle
Themuslimchronicle, themuslimchronicle

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

eu cases against us firms eu cases against us firms

 



Themuslimchronicle, themuslimchronicle

GMT 20:16 2018 Thursday ,18 January

World Cup likely target for ISIS

GMT 12:29 2017 Thursday ,12 October

Saudi startup wins global competition

GMT 10:32 2017 Monday ,06 November

5 takeaways from Trump in Japan

GMT 13:33 2017 Saturday ,21 October

Eman underlines importance of festivals

GMT 23:12 2016 Saturday ,16 April

Suspected Rwandan rebels attack police station

GMT 08:18 2017 Saturday ,21 January

CIA revealed U.S pressures on Saddam to attack Syria

GMT 04:58 2017 Wednesday ,01 March

Ava DuVernay makes anti-Trump statement at the Oscars

GMT 13:45 2012 Monday ,16 January

Iran's intelligence penetrates the wall of China

GMT 23:16 2017 Monday ,20 March

Look: Dubai has the world's 'happiest tower'

GMT 09:19 2011 Tuesday ,28 June

Climate changes to spur floods in Russia

GMT 14:34 2017 Tuesday ,05 December

Jordan sentences Syrian to hang over border bombing

GMT 07:35 2017 Monday ,11 September

Russian strikes kill 34 civilians near Deir Ezzor

GMT 17:26 2018 Friday ,19 January

Indonesian president to visit Pakistan on Jan. 26

GMT 12:26 2012 Thursday ,28 June

Pakistan releases Indian spy
Themuslimchronicle, themuslimchronicle
Themuslimchronicle, themuslimchronicle
 
 Themuslimchronicle Facebook,themuslimchronicle facebook  Themuslimchronicle Twitter,themuslimchronicle twitter Themuslimchronicle Rss,themuslimchronicle rss  Themuslimchronicle Youtube,themuslimchronicle youtube  Themuslimchronicle Youtube,themuslimchronicle youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2023 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2023 ©

muslimchronicle muslimchronicle muslimchronicle muslimchronicle
themuslimchronicle themuslimchronicle themuslimchronicle
themuslimchronicle
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
themuslimchronicle, themuslimchronicle, themuslimchronicle