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Vestager said the fine had been calculated based on Google's online advertising revenue in Europe. https://www.politico.eu/article/europe-google-margrethe-vest

• mirekrusin 8y ago
  Seems like there are ways to avoid tax and ways to "recover" it back.
  • dodobirdlord 8y ago
    I happen to believe that the excessive "fines" that the EU has been directing at the technology industry are a brazen plan to extract money from large technology companies without violating international taxation treaties signed with the United States.
    • londons_explore 8y ago
      If that's the case, they need to start issuing more fines to more companies to really make a dent. These fines are big, but as a percentage of the tech industry revenue, they're still under 0.1 percent
      • jquery 8y ago
        That's not the relevant comparison. What are the fines compared to net profit in the EU?
        • mirekrusin 8y ago
          Fine is directly calculated on profit in EU - a'la tax.