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President Donald Trump is not happy with how European Union regulators are treating US-based tech companies, including Google, Meta and Apple.
On stage at the World Economic Forum in Davos, Trump blasted EU regulators. According to him, EU claims against these US technology companies are “a form of taxation”. Bloomberg reports.
Trump paid special attention to Apple’s lawsuit lost last year Regarding the €13 billion tax bill in Ireland. In 2024, the EU’s Court of Justice in Luxembourg found that Apple took advantage of illegal tax breaks in Ireland between 1999 and 2014 and was forced to pay back taxes.
Bloomberg predicted that this is just the beginning of a heated back-and-forth between the Trump Administration and the EU that could span his entire second term.
Google, Meta and Apple are currently being investigated for potential EU violations Digital Markets Act.
