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Vestager Sees Recent Apple Ruling As A Loss

By  |  July 16, 2020

The European Union’s antitrust chief Margrethe Vestager said on Thursday, July 16, that EU court rulings this week, which saw courts reject a key EU tool used to transfer Europeans’ personal data across the Atlantic and reject an EU order for Apple to pay €13 billion in Irish back taxes, were a “loss.” 

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    “The first thing you do when you get a court judgement is to read it very, very carefully. And we are still in the process of doing that. Of course, it’s a loss, because it was an annulment by the court,” Vestager said during an online event, reported Reuters. 

    “The only comfort here is that the court agrees with us that we can use State aid tools to look at fiscal State aid as well. But now we read it very carefully, and then decide on next steps,” she said.

    Full Content: Reuters

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