Google was fined $3.5 billion by Europe

Major Setback for Trump

Google was fined $3.5 billion by Europe. Donald Trump has strongly criticized warned to Europe that Section 301 will be implemented if discriminatory action against American companies is not stopped.

US President Donald Trump, who returned to power with the slogan ‘Make America Great Again’, has, at the start of his second term, emphasized on reducing America’s trade deficit by imposing tariffs on countries around the world. Meanwhile, Trump has taken a tough stand after Europe imposed a fine of $2.9 billion on tech company Google. Posting on social media platform Truth Social, President Donald Trump wrote, “Google has been fined $3.5 billion by Europe. This is discriminatory action against American companies and investments. Europe has imposed heavy fines on Google and other US tech companies in the past as well, which is unfair to the American taxpayer.”

Trump said this while referring to Apple

Citing Apple, Trump said that the company was fined $17 billion, which was completely wrong and it should be recovered. He warned that if Europe does not stop such actions, his government will take strict action under Section 301 and unfair fines will be challenged. The European Commission has made serious allegations against Google.

Why did the European Commission fine Google?

The European Commission has imposed this fine on Google for misusing digital advertising technology. It is alleged that Google behaves unfairly with competitors and online publishers by giving priority to its own services and abuses its power in the market. This entire matter has once again fueled the ongoing dispute between America and Europe regarding tech companies.

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *