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3 days ago

Trump administration warns EU's $1B fine against Google threatens US-European trade relationship

European regulators fined Google 890 million euros ($1 billion), alleging the company gives preferential treatment to its own services.The Trump administration says this will affect the trade relationship between the U.S. and the European Union.U.S. Trade Representative Jamieson Greer pointed out in a statement that the latest fine of $1 billion announced against Google pushes the total fines paid by Google to more than 2% of the EU's total budget. It's more than some member states pay into the EU.Greer added that, after substantial loans to Airbus, "it becomes clear that the EU continues to t...