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Trump promises investigation into EU fines on US big tech

US to probe EU's penalties against tech giants.

AppleInsider News1 min

1US-EU tech war escalates

Donald Trump has ordered an investigation into EU antitrust penalties against US tech giants like Apple and Google, escalating trade tensions between the two regions.

2Record fine for Google

The European Commission fined Google €890 million for violating the Digital Markets Act. The penalty was related to Google favoring its own services in search results.

3Trump's strong reaction

Trump accused the EU of unfairly taking money from American companies and demanded the penalties be reversed, stating, 'The US is not Europe’s piggy bank.'

4Details of the fines

€460 million of Google's fine was for favoring its services in search results. The remaining €430 million was for restricting alternative payment methods on Google Play.

5Risk of trade war

The US investigation could lead to new tariffs, further straining trade relations between the US and the EU.

6Future of tech giants

The tension between the US and the EU could impact the future operations and competitive strategies of global tech companies.

Original article: AppleInsider News — Trump AB'nin teknoloji devlerine cezalarını soruşturacak