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Last Updated : Jul 20, 2018 07:49 PM IST | Source: Moneycontrol.com

They have taken advantage of US: Trump slams EU over Rs 34,500cr fine for Google

In his latest tweet, he hailed Google as one of America’s ‘great companies’ and then hinted that he would retaliate against the EU for ‘taking advantage’ of the US

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US President Donald Trump on Thursday tweeted that the fine slapped on Google by the European Commission is evidence that the European Union (EU) has taken America for granted.

Although the EU regularly keeps tech companies in check over issues like privacy and taxes, Trump has interpreted this as an attack on the homeland.

In his latest tweet, he hailed Google as one of America’s ‘great companies’ and then hinted that he would retaliate against the EU for ‘taking advantage’ of the US.

In a recent CBS-Scotland interview, following a trip to the UK and a NATO summit, Trump accused the Union of being an economic foe because of ‘what they do (to the US) in trade.’ This comment comes amid tensions over Trump’s decision to impose tariffs on aluminum and steel from the UK; adding more fuel to an ongoing global trade war.

The European Commission slapped Google with a fine of $5.1 billion, on Wednesday, after an investigation concluded that the tech giant was stifling innovation and denying choices to customers by pre-loading Google apps onto Android devices.

Following the order, Google CEO Sundar Pichai circulated an internal blog post, detailing the reasons for the fine and why he thinks it is unjustified. He further announced that the company would appeal the decision as he believes there is already ‘rapid innovation and robust competition’ in the marketplace.
First Published on Jul 20, 2018 11:36 am
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