Google Wins Challenge Against 1.49 Bln Euro EU Antitrust Fine 

12 May 2023, US, Mountain View: The Google logo can be seen on a building at the company's headquarters. (dpa)
12 May 2023, US, Mountain View: The Google logo can be seen on a building at the company's headquarters. (dpa)
TT
20

Google Wins Challenge Against 1.49 Bln Euro EU Antitrust Fine 

12 May 2023, US, Mountain View: The Google logo can be seen on a building at the company's headquarters. (dpa)
12 May 2023, US, Mountain View: The Google logo can be seen on a building at the company's headquarters. (dpa)

Alphabet unit Google won its challenge on Wednesday against a 1.49 billion euro ($1.66 billion) antitrust fine imposed five years ago for hindering rivals in online search advertising, a week after it lost a much bigger case.

The European Commission in its 2019 decision said Google had abused its dominance to prevent websites from using brokers other than its AdSense platform that provided search adverts. The practices it said were illegal took place from 2006 to 2016.

The Luxembourg-based General Court mostly agreed with the European Union competition enforcer's assessments of the case, but annulled the fine.

"The court (...) upheld most of the commission's assessments, but annulled the decision imposing a fine of almost 1.5 billion euros on Google, on the grounds in particular that it had failed to take into account all the relevant circumstances in its assessment of the duration of the contractual clauses that it had found to be unfair," the judges said.

The AdSense fine, one of a trio of fines that have cost Google a total of 8.25 billion euros, was triggered by a complaint from Microsoft in 2010.

Google has said it changed the targeted contracts in 2016 before the Commission's decision.

The company last week lost its final fight against a 2.42 billion euro fine levied for using its price comparison shopping service to gain an unfair advantage over smaller European rivals.



Apple to Pledge $100 billion for US Manufacturing, White House Official Says

Logo of an Apple store is seen as Apple Inc. reports fourth quarter earnings in Washington, US, January 27, 2022. REUTERS/Joshua Roberts/File photo
Logo of an Apple store is seen as Apple Inc. reports fourth quarter earnings in Washington, US, January 27, 2022. REUTERS/Joshua Roberts/File photo
TT
20

Apple to Pledge $100 billion for US Manufacturing, White House Official Says

Logo of an Apple store is seen as Apple Inc. reports fourth quarter earnings in Washington, US, January 27, 2022. REUTERS/Joshua Roberts/File photo
Logo of an Apple store is seen as Apple Inc. reports fourth quarter earnings in Washington, US, January 27, 2022. REUTERS/Joshua Roberts/File photo

Apple Inc will announce a domestic manufacturing pledge of $100 billion on Wednesday that will focus on bringing more manufacturing to the United States, a White House official said.

The pledge would be a new financial commitment, the official said on the customary condition of anonymity. It comes as President Donald Trump pursues an aggressive tariff and trade agenda aimed at moving some manufacturing back into the United States.

Apple said in February it would spend $500 billion in US investments in the next four years that will include a giant factory in Texas for artificial intelligence servers while adding about 20,000 research and development jobs across the country, Reuters reported.

Apple did not immediately respond to requests for comment.

Trump's tariffs cost Apple $800 million in the June quarter and spurred some customers to buy iPhones in late spring this year. Apple has been shifting production of products bound for the US, sourcing iPhones from India and other products such as Macs and Apple Watches from Vietnam.

The ultimate tariff rates many Apple products could face remain in flux, and many of its products are currently exempt.

"Today’s announcement with Apple is another win for our manufacturing industry that will simultaneously help reshore the production of critical components to protect America’s economic and national security," White House spokeswoman Taylor Rogers said in a statement.

The previously announced $500 billion in expected spending from Apple includes everything from purchases from US suppliers to US filming of television shows and movies for its Apple TV+ service.

Earlier, White House economic adviser Kevin Hassett told Fox Business Network Apple was likely to make an investment announcement on Wednesday, as he discussed the financial pledges made by companies and countries under Trump.