4 ms·
This is going to sound a bit conspiracy theory but here goes... I was looking at the highlights of the EU competition commission[0]. Is it just me or is there
by lucozade 9y ago
This is going to sound a bit conspiracy theory but here goes...
I was looking at the highlights of the EU competition commission[0]. Is it just me or is there a theme (with a few exceptions) that runs something like:
+ Large US company XXX gets anti-trust fine.
+ EU company gets state aid approved.
+ rinse and repeat
Maybe it's just a coincidence but I wonder what the P&L for the Competition Commission looks like given that fines go to the EU not to the aggrieved parties.
As an EU citizen, it's nice that the Commission is working hard to reduce my tax bill but I do wonder if this is entirely neutral.
[0] http://ec.europa.eu/competition/news_en.html http://ec.europa.eu/competition/news_en.html
- troisx 9y agoConsidering how much tax dodging the US companies engage in, I'm not sure that would be unfair if it was true.
- omnimus 9y agoExactly. Many opinions here are the "market will solve everything" american way. But what many people fail to mention is how american corps avoid taxes. In my country fb and google are main online services with milions customers yet they pay no taxes. Its amazing what you can do when you are 2big2fail
- lossolo 9y ago> "market will solve everything" american way This got us 2008 financial crisis, deregulations were the main reason. You need to add greed to every equation you make and then you get different results.
- gpderetta 9y agoThe google fine is the new record, but 9/10ths of the previous largest antitrust fines were given to EU companies.