EU intensifies regulatory actions against tech giants amid subsidy concerns

The European Union has fined Facebook's parent company €800 million, increasing scrutiny on major tech firms.

At the same time, there are discussions in the United States about potentially breaking up Google, and the European Union is considering requiring the company to divest part of its advertising business.

Finland's Economy Minister, Wille Rydman, has expressed concerns about the EU's state subsidy measures undermining the integrity of the single market.

EU Competition Chief Margrethe Vestager has shared her emotional response to winning a €13 billion case against Apple concerning tax state aid. She had prepared for a potential defeat, so the outcome was surprising.

These developments reflect the ongoing efforts of the EU to regulate large tech companies and maintain fair competition in the market.

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