Saturday, 17 Nov 2018
Category: Margrethe Vestager

EU antitrust regulator eyeing Amazon’s use of merchant data

The European Union’s competition commission is looking into how Amazon uses data from retailers selling via its ecommerce marketplace, Reuters reports. Competition commissioner Margrethe Vestager revealed the action today during a press conference. “We are gathering information on the issue and we have sent quite a number of questionnaires to market participants in order to […]

Apple has finished paying $15 billion European fine

Apple has finished wiring billions of euros to pay back illegal tax benefits to the Irish government according to Reuters. Overall, Apple has paid $15.3 billion (€13.1 billion) for the original fine as well as $1.4 billion (€1.2 billion) in interests. In August 2016 the European Commission ruled that Apple benefited from illegal tax benefits […]

Apple started paying $15 billion European tax fine

It took a couple of years, but Apple has started to pay back illegal tax benefits to the Irish government. The company has paid $1.77 billion (€1.5 billion) into an escrow account designed to hold the fine. Apple has to pay $15 billion in total (€13 billion). In August 2016, the European Commission said that […]