EU trade chief stalls Google fine after Trump threats

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The EU’s trade chief insisted Wednesday he fully backed the bloc’s antitrust probe into Google after it emerged he hit pause on plans to fine the tech giant — seemingly for fear of US retaliation.

An EU official, speaking on condition of anonymity to discuss internal deliberations, told AFP that a political battle had broken out inside the bloc’s executive after trade commissioner Maros Sefcovic this week delayed punishing the US behemoth.

“Sefcovic hit the red button” on the planned fine when it was put forward for approval on Monday, the official…



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EU trade chief stalls Google fine after Trump threats



The EU’s trade chief insisted Wednesday he fully backed the bloc’s antitrust probe into Google after it emerged he hit pause on plans to fine the tech giant — seemingly for fear of US retaliation.

An EU official, speaking on condition of anonymity to discuss internal deliberations, told AFP that a political battle had broken out inside the bloc’s executive after trade commissioner Maros Sefcovic this week delayed punishing the US behemoth.

“Sefcovic hit the red button” on the planned fine when it was put forward for approval on Monday, the official…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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