Knews Desk– US President Donald Trump has given a stern warning to the European Union (EU), saying that America will also respond to the action being taken against American tech companies. This statement comes after the European Commission imposed a fine of almost $ 1 billion on Google. Trump alleged that Europe is continuously targeting American companies and if this trend is not stopped, European countries will have to pay a “very heavy price”. He hinted that the US could launch new tariffs and trade investigations against the EU.
The European Commission has imposed this fine on Google, accusing it of violating the Digital Markets Act (DMA). The Commission says that Google gives priority to its own shopping, travel and other services in its search engine, while the services of competing companies are shown at the back. According to the European Union, this is against the principles of fair competition and causes harm to other companies in the market.
Apart from this, the Commission has also raised questions on the policies of Google’s Play Store. It is alleged that the company prevents app developers from providing information to their customers about better offers or lower prices available on other platforms. The European Commission believes that this limits consumer choices and affects competition in the digital market. The European Union has given Google 60 days to change its business model and policies. If the company does not make the necessary changes within the stipulated time, it can be imposed an additional fine of up to 5 percent of its global turnover per day. Responding to this decision, President Trump said on social media that America is not the “piggy bank” of Europe. He alleged that the European Union is trying to serve its economic interests by collecting huge fines from American tech companies. Trump said that this kind of behavior with American companies will not be accepted in his administration and if necessary, America will give a strong response.
Trump also indicated that America would oppose the European Union. section 301 Can initiate new business investigation under. This is an important provision of US trade law, through which the alleged unfair trade policies of a country are investigated. If the allegations are found true in the investigation, then America can impose additional import duties (tariffs) on the products of that country. Although experts say that such an investigation may take several months to complete, but if the government wishes, it can impose tariffs even earlier under certain circumstances. On the other hand, the European Commission has defended its decision. Commission Vice-President Teresa Ribera said the EU’s aim is not to target any particular company, but to ensure fair competition in the digital market. According to him, no big company should get special benefits merely because of its size or market dominance.
Google has also expressed displeasure over the decision of the European Commission. Senior company official Kent Walker said that this decision will affect the quality of Google’s products and services, which will have a direct impact on consumers and developers. He says that the company is considering further legal strategy. This is not the first time that the European Union has taken strict action against Google. Since 2017, fines worth billions of dollars have been imposed on the company in many cases related to Android operating system, online advertising and digital competition. The latest dispute has once again increased trade tensions between the US and the European Union. Experts believe that if both sides stick to their stance, it could also impact global trade, tech industry and international investment.
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