Google adtech fine on hold as EU awaits lower US car duties, sources say

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EU antitrust regulators have delayed fining Alphabet‘s Google over its adtech business, while waiting for the United States to cut tariffs on European cars as part of a trade deal, three people with knowledge of the matter said on Tuesday.

Tariffs on cars were a big part of the negotiations that led to a trade deal between the United States and the European Union.

The executive European Commission last week proposed to scrap tariffs on imported US industrial goods and it expects an announcement soon from the United States on its promised cut in US…



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Google adtech fine on hold as EU awaits lower US car duties, sources say



EU antitrust regulators have delayed fining Alphabet‘s Google over its adtech business, while waiting for the United States to cut tariffs on European cars as part of a trade deal, three people with knowledge of the matter said on Tuesday.

Tariffs on cars were a big part of the negotiations that led to a trade deal between the United States and the European Union.

The executive European Commission last week proposed to scrap tariffs on imported US industrial goods and it expects an announcement soon from the United States on its promised cut in US…



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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