Not every trade war involves tariffs. The European Union's record $5 billion fine against Google for antitrust violations involving its Android operating system is protectionism masquerading as consumerism. And the risk for America isn't that the penalty will sink the U.S.-based technology titan — parent Alphabet makes that much dough every couple of weeks in revenue — but that anti-tech activists here will be encouraged to ramp up their attacks against the country's most innovative companies. Coming just days after President Trump slammed NATO for skimping on defense, it might look like Europe quickly found a clever way to finance some additional military spending.
Topics: u.s alphabet coming president trump nato margrethe vestager search chrome firefox play apple amazon apple u.s u.s wall street main street silicon valley house republican twitter rep steve king r-iowa whoa lawmakers u.s europe google a america u.s to eu android facebook big tech washington billion competition percent people screen fine home times free world developers view phone services browser
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04/21/2024 - 3:16 am | View Link - More
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