The European Union is increasing its scrutiny of major American tech companies, which could result in significant financial consequences for firms such as Apple, Google, Meta, and the X platform owned by Elon Musk.
These companies may face fines in the billions or even be required to divest. This crackdown presents a challenge for President-elect Donald Trump, who will need to navigate the tensions between European regulatory actions and the interests of Big Tech.
The ongoing EU investigations are part of a broader effort to hold these corporations accountable, raising concerns about the future of their operations in Europe.