Google's $5B antitrust fine similar to Apple's e-book, App Store woes
Apple can tell the folks at Alphabet just how long these cases can drag on, as it has its own experience in such matters.
Apple can tell the folks at Alphabet just how long these cases can drag on, as it has its own experience in such matters.
The European Commission has fined Google 4.34 billion euro ($5 billion) for breaking antitrust rules, claiming the restrictions the tech giant imposes on carriers and smartphone producers using the Android operating system helps the search engine maintain its vast market share.
Apple has turned down an invitation to speak in front of a European Parliament committee, looking to avoid any missteps that could affect its chances of appealing a previous ruling.
Apple has started to pay off its $15.3 billion tax bill to Ireland, the country's Finance Minister has confirmed, transferring the first $1.76 billion payment to an escrow account.
On Thursday, the European Union Court of Justice blocked U.S. efforts to side with Apple in the appeal of a $15.3 billion tax bill, which the European Commission first ordered Ireland to collect in August 2016.
Apple and the Irish government's appeal of a $16 billion European Commission ruling on back taxes should finally see action later this year, according to Ireland's finance minister.
The European Commission is investigating the proposed acquisition of Shazam by Apple, with competition concerns lengthening the time it will take for the regulator to approve or deny the purchase of the song recognition service by the iPhone manufacturer.
The European Commission has proposed measures to "to ensure that all companies pay fair tax in the EU," a move that will undoubtedly affect Apple.
This upcoming Wednesday, the European Commission is expected to reveal a tax proposal would require digital media companies — including Apple — to pay based on where they generate revenue, rather than where they choose to locate their European headquarters.
The European Commission has announced an Apr. 23 provisional deadline for a decision on Apple's intended acquisition of Shazam, perhaps the world's most popular song recognition service.
The Irish government has reportedly selected Bank of New York Mellon to control an escrow fund holding up to $18.6 billion in back taxes collected from Apple, pending attempts to reverse a ruling by the European Commission.
The European Union will soon release proposals to change the way it taxes major tech companies operating within the continent, French Finance Minister Bruno Le Maire has revealed, with firms including Apple potentially being taxed at a rate of between 2 percent and 6 percent in the future.
The European Commission is willing to withdraw its court case against the Irish government for failing to collect some $16 billion in back taxes from Apple — but only if the country collects the full amount, the E.U.'s Competition Commissioner said in an interview.
The European Union is reportedly working on legislation that would require companies to provide customers' personal data for law enforcement even if it's being kept on servers outside of the region.
The head of Ireland's Revenue Commission has advised the calculations of Apple's unpaid tax bill are almost complete, with the final total the iPhone producer will be expected to pay the government thought to be around 13 billion euro ($16 billion), close to initial estimates for the European Commission-mandated payment.
The European Commission on Tuesday said it will look into whether Apple's proposed Shazam acquisition meets competition standards, following a request by several EU countries.
The European Commission is reportedly preparing to sanction Qualcomm for anti-competitive practices in supplying components to Apple for use in its iPhones, with the antitrust watchdog potentially levying a fine against the chip producer of up to $2 billion.
Though Apple is planning to pay the U.S. some $38 billion in taxes on repatriated foreign cash, that won't impact how much it owes in Ireland, a spokesman for the European Commission said on Thursday.
Ireland's attempt to collect an estimated 13 billion euro ($15.9 billion) in unpaid taxes could take longer than previously thought, after Prime Minister Leo Varadkar advised to EU lawmakers that initial payments could commence during the second quarter of this year.
Apple has leveled a lawsuit against Attac — the Association for the Taxation of Financial Transactions and Citizen's Action — which ran protests at a number of French Apple stores on Dec. 2, including a brief occupation of the company's flagship Opera store in Paris.
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