EU brings Apple, Google to heel in €15.4B courtroom double-whammy

Quick Summary:

In two separate cases today, the EU’s Court of Justice ruled in favour of back taxes and fines against Apple and Google totalling €15.4bn, a major victory in the bloc’s ongoing battle with big tech.   In the first ruling, the EU’s highest court has ordered Apple to pay Ireland €13.1bn in back taxes, bringing an end to the biggest tax dispute in history.  The EU Court of Justice’s judgement backs the European Commission, which accused Apple of benefitting from "substantially and artificially lowered tax” in Ireland since 1991.

In 2017, the Commission found Google guilty of favouring its shopping service in internet searches and thereby abusing its market dominance in Europe.

EU brings Apple, Google to heel in €15.

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Article Details

Author / Journalist: Siôn Geschwindt

Category: Technology

Markets: NetherlandsIrelandSouth Africa

Topics: Government and policy Ecosystems Apple Google Tech

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-10 @ 09:24:03 (12 hours ago)

News Timezone: GMT +1:00

News Source URL: thenextweb.com

Language: English

Article Length: 494 words

Reading Time: 3 minutes read

Sentences: 22 lines

Sentence Length: 23 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Next Web

News ID: 22446728

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