(es) Vienna, June 7, 2021
Have the bigshots at the G7 Summit in London blown it in getting Silicon Valley something like fair taxes? Probably the world’s biggest compans, Amazon, with its clever arrangements with its Luxembourg subsidiary may have got away with it, reports the Guardian in London. But Facebook may just have to pay up – at last.
Have the bigshots at the G7 Summit blown it in getting something like fair taxes out of Big Tech? The world’s biggest company, Amazon, with its clever Luxembourg subsidiary arrangements, may get away scot-free, reports the Guardian in London. But Facebook may just have to pay up – at last.
EU and Britain launched formal antitrust investigations on Friday (June 4) into Facebook (FB.O) to determine if the world’s largest social network was using customer data to unfairly compete with advertisers, in a new assault on its business model.
See also: New York Times on Facebook’s legal struggles
Bloomberg report on anti-trust probe
Facebook and its deals with Murdoch in Australia
…more soon on Facebook’s attempts to escape regulators.
Yes, he’s still there, but less so: Trump suspended from Facebook till 2023 (minimum)