{
Ville Rydman

People

}
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001122334455554433221100

EU intensifies regulatory actions against tech giants amid subsidy concerns

Brussels has imposed an €800 million fine on Facebook's parent company, while discussions in the U.S. about breaking up Google provide the EU with political support to potentially mandate a split of its advertising business. Finland's Economy Minister, Wille Rydman, criticized the EU's extensive state subsidies, claiming they undermine the single market. Meanwhile, EU Competition Chief Margrethe Vestager expressed her surprise at a €13 billion legal victory over Apple, having anticipated a loss in the case regarding tax state aid.
POLITICO
Euro Google Inc. Facebook Apple Inc. Margrethe Vestager Ville Rydman Show more
Regulatory & Legal, News Article
14:47 14.11.2024
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