EU antitrust chief to meet with Tim Cook to discuss fines and regulation

Posted:
in General Discussion

The European Union's Margrethe Vestager is to meet with Apple's Tim Cook, Google's Sundar Pichai and more Big Tech executives to discuss EU digital regulation.

Margrethe Vestager, Executive Vice-President of the European Commission
Margrethe Vestager, Executive Vice-President of the European Commission



Despite leading Europe's moves to increase taxation on Big Tech firms, and also to open up App Store to alternatives, EU antitrust chief Margrethe Vestager has previously said she is opposed to breaking up large technology firms. She described such moves as "doable," but said I think it's important we try these routes [regulation and taxation] first with the platforms."

According to Reuters, Vestager is now coming to the US to discuss these routes with the heads of Apple, Google, Broadcom, and Nvidia. She will meet with them on Thursday January 11, 2024, and Friday, January 12, 2024, in San Francisco and Palo Alto.

Vestager is also due to meet with OpenAI's chief technology officer Mira Murati, and its chief strategy officer, Jason Kwon, but no details have been announced.

The meetings see Vestager resuming her duties as EU antitrust chief, having failed to become head of the European Investment Bank. According to Reuters, antitrust experts now expect Vestager to take a tougher stance on issues such as mergers and competition.

Separately, despite Vestager arguing that breaking up Big Tech firms would "tie you up in court for a very long time," the European Commission has said that "only the mandatory divestment by Google of part of its services would address [our] competition concerns."



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Comments

  • Reply 1 of 53
    AllMAllM Posts: 71member
    Is this old politician herself fit for the ’Digital Age’? Answering to a former obstetrician, I see…

    Those ‘digital’ politicians are often more outdated than my G4 iBook. 
    edited January 5 sbdudewatto_cobraJaiOh81
  • Reply 2 of 53
    AllM said:
    Is this old politician herself fit for the ’Digital Age’? Answering to a former obstetrician, I see…

    Those ‘digital’ politicians are often more outdated than my G4 iBook. 
    She’s younger than Tim Cook.
    grandact73chasmRespitewonkothesane
  • Reply 3 of 53
    rob53rob53 Posts: 3,281member
    I always find it interesting that the EU only brings in American companies to try and regulate. The article didn't include who the "more Big Tech" companies are but I assume none of them are from the EU. It would be nice if the EU cartel of countries actually had something to offer to the world instead of simply taxing a company to make its payroll.
    AllMwatto_cobraJaiOh81
  • Reply 4 of 53
    robin huberrobin huber Posts: 4,012member
    Hope she’s a good listener. The fact that she’s coming here is a hopeful sign. 
    AllMwilliamlondonwonkothesane
  • Reply 5 of 53
    Alex_VAlex_V Posts: 235member
    rob53 said:
    I always find it interesting that the EU only brings in American companies to try and regulate. The article didn't include who the "more Big Tech" companies are but I assume none of them are from the EU. It would be nice if the EU cartel of countries actually had something to offer to the world instead of simply taxing a company to make its payroll.
    A garbage tirade. Wilfully ignorant. 
    williamlondonRespite
  • Reply 6 of 53
    AllMAllM Posts: 71member
    Alex_V said:
    rob53 said:
    I always find it interesting that the EU only brings in American companies to try and regulate. The article didn't include who the "more Big Tech" companies are but I assume none of them are from the EU. It would be nice if the EU cartel of countries actually had something to offer to the world instead of simply taxing a company to make its payroll.
    A garbage tirade. Wilfully ignorant. 
    So what do you think they can offer, then? 
    edited January 5 rob53watto_cobraJaiOh81
  • Reply 7 of 53
    The USA should require all imported EU vehicles to allow for ford or GM engines. It's only fair!
    robin huberAllMwatto_cobraJaiOh81
  • Reply 8 of 53
    nubusnubus Posts: 562member
    AllM said:
    Is this old politician herself fit for the ’Digital Age’?
    Think Different! You can quote her, disagree with her, glorify or vilify her, but the only thing you and Cook can’t do is ignore her because she changes things. Vestager is absolutely not for turning. With both her parents being Lutheran pastors she is 100% focused on "fair play". She grew up in a country where carrots are hit by a 25% sales tax. Not pleasing anyone is what got her elected. Cook tried in the past to sweet talk or scare her with his "I'm CEO of a big US company", then called her politics "crap", and pushed DC + Obama to behave like henchmen in order to save the tax scheme of Apple. Didn't work... like didn't work at all. Complete failure. According to sources quoted by Financial Times the meeting Cook had with her was "the worst meeting ever in Brussels". This simply indicates that Cook came fully unprepared as her style hasn't changed.

    Unlike the last 3 US presidents she is capable of making stuff happen. She pushed for USB C, Digital Markets Act, AI Act, and has been a fierce advocate for GDPR. These days EU is setting the standard for how things are done with legislation is copied around the world. I don't get why Cook want to meet her after having called her politics crap and sent political henchmen after her. She is known to have the memory of an elephant. Unless Cook is ready to pay and surrender then it simply won't work.
    williamlondonrobin huberRespiteAulaniAulaniwonkothesanejony0
  • Reply 9 of 53
    glennhglennh Posts: 73member
    Another EU socialist Capo shakedown? Maybe…..
    danoxwilliamlondonAllMwatto_cobra
  • Reply 10 of 53
    AllMAllM Posts: 71member
    nubus said:
    AllM said:
    Is this old politician herself fit for the ’Digital Age’?
    Think Different! You can quote her, disagree with her, glorify or vilify her, but the only thing you and Cook can’t do is ignore her because she changes things. Vestager is absolutely not for turning. With both her parents being Lutheran pastors she is 100% focused on "fair play". She grew up in a country where carrots are hit by a 25% sales tax. Not pleasing anyone is what got her elected. Cook tried in the past to sweet talk or scare her with his "I'm CEO of a big US company", then called her politics "crap", and pushed DC + Obama to behave like henchmen in order to save the tax scheme of Apple. Didn't work... like didn't work at all. Complete failure. According to sources quoted by Financial Times the meeting Cook had with her was "the worst meeting ever in Brussels". This simply indicates that Cook came fully unprepared as her style hasn't changed.

    Unlike the last 3 US presidents she is capable of making stuff happen. She pushed for USB C, Digital Markets Act, AI Act, and has been a fierce advocate for GDPR. These days EU is setting the standard for how things are done with legislation is copied around the world. I don't get why Cook want to meet her after having called her politics crap and sent political henchmen after her. She is known to have the memory of an elephant. Unless Cook is ready to pay and surrender then it simply won't work.

    Nice quoting Jobs, - yet we’ll talk when this has affected our user experience and Apple’s pricing. Tim Cook won’t pay for your new Mac, and neither will this lady. Unlike her, Jobs whom you quote gave us the Mac, the iPhone, and the iPad. Why would you even compare an artist like him to a politician whose job is to tax you?

    P.S. GDPR is so useless one even needs third-party software to get rid of its notices. Prove me wrong. 

    edited January 5 danoxwilliamlondonwatto_cobra
  • Reply 11 of 53
    nubusnubus Posts: 562member
    glennh said:
    Another EU socialist Capo shakedown? Maybe…..
    Where would Apple be without selling to the communists of China, the "socialists" of EU etc.? Well... it would be a very, very small and domestic company mainly operating in the same states as Waffle House. MSFT is about to overtake AAPL and your main focus is on hating 27 democratic countries in Europe. How is that going to help?
    williamlondongatorguyRespiteAulani
  • Reply 12 of 53
    rob53rob53 Posts: 3,281member
    AllM said:
    Alex_V said:
    rob53 said:
    I always find it interesting that the EU only brings in American companies to try and regulate. The article didn't include who the "more Big Tech" companies are but I assume none of them are from the EU. It would be nice if the EU cartel of countries actually had something to offer to the world instead of simply taxing a company to make its payroll.
    A garbage tirade. Wilfully ignorant. 
    So what do you think they can offer, then? 
    Thanks for the support. 
  • Reply 13 of 53
    avon b7avon b7 Posts: 7,944member
    AllM said:
    nubus said:
    AllM said:
    Is this old politician herself fit for the ’Digital Age’?
    Think Different! You can quote her, disagree with her, glorify or vilify her, but the only thing you and Cook can’t do is ignore her because she changes things. Vestager is absolutely not for turning. With both her parents being Lutheran pastors she is 100% focused on "fair play". She grew up in a country where carrots are hit by a 25% sales tax. Not pleasing anyone is what got her elected. Cook tried in the past to sweet talk or scare her with his "I'm CEO of a big US company", then called her politics "crap", and pushed DC + Obama to behave like henchmen in order to save the tax scheme of Apple. Didn't work... like didn't work at all. Complete failure. According to sources quoted by Financial Times the meeting Cook had with her was "the worst meeting ever in Brussels". This simply indicates that Cook came fully unprepared as her style hasn't changed.

    Unlike the last 3 US presidents she is capable of making stuff happen. She pushed for USB C, Digital Markets Act, AI Act, and has been a fierce advocate for GDPR. These days EU is setting the standard for how things are done with legislation is copied around the world. I don't get why Cook want to meet her after having called her politics crap and sent political henchmen after her. She is known to have the memory of an elephant. Unless Cook is ready to pay and surrender then it simply won't work.

    Nice quoting Jobs, - yet we’ll talk when this has affected our user experience and Apple’s pricing. Tim Cook won’t pay for your new Mac, and neither will this lady. Unlike her, Jobs whom you quote gave us the Mac, the iPhone, and the iPad. How could one even compare an artist like him to a politician whose job is to tax you?

    P.S. GDPR is so useless one even needs third-party software to get rid of its notices. Prove me wrong. 

    GDPR is an absolutely necessary piece of legislation. A model to follow and considered one of the best stabs at protecting EU citizens in the digital age.

    To many here it's the silent shield. Without it, Meta would have been deep into our underwear and way up our nooks and crannies!

    It's what saved EU WhatsApp users from many of those nasty privacy changes Meta tried to slip in a while back.

    No legislation is perfect and it will get revised but I'd rather have it over any alternative. 

    nubusRespiteAulani
  • Reply 14 of 53
    danoxdanox Posts: 3,215member
    Meeting Margrethe Vestager isn't a problem, she is the player you hate when they are not on your side yes (Avon B7), Apple should just build regional Apple devices for the EU and move forward with better Apple products in the rest of the world. They are after all only 19% of what Apple sells to the world.
    edited January 5 AllMrobin huberwatto_cobra
  • Reply 15 of 53
    chasmchasm Posts: 3,481member
    I don’t know that I agree with the EU’s positions all of the time, but they are absolutely correct that Google needs to divest any businesses it has that compromise its core. In particular, Google needs to get rid of its ad business, which is engaged in egregious monopoly abuse and unethical practices.
    watto_cobra
  • Reply 16 of 53
    nubusnubus Posts: 562member
    AllM said:
    Nice quoting Jobs, - yet we’ll talk when this has affected our user experience and Apple’s pricing. Tim Cook won’t pay for your new Mac, and neither will this lady. Unlike her, Jobs whom you quote gave us the Mac, the iPhone, and the iPad. How could one even compare an artist like him to a politician whose job is to tax you?

    P.S. GDPR is so useless one even needs third-party software to get rid of its notices. Prove me wrong. 
    It doesn't matter if you get GDPR. The important part is that a global company can't ignore it. That is real power. I don't see any current US politician operating on that level. Hate it or not, but there is a bit Pelosi to it. We need for Tim Cook and team to get that. The next Vestager is problably not going to be any more US-friendly.
    Respite
  • Reply 17 of 53
    AllMAllM Posts: 71member
    avon b7 said:
    AllM said:
    nubus said:
    AllM said:
    Is this old politician herself fit for the ’Digital Age’?
    Think Different! You can quote her, disagree with her, glorify or vilify her, but the only thing you and Cook can’t do is ignore her because she changes things. Vestager is absolutely not for turning. With both her parents being Lutheran pastors she is 100% focused on "fair play". She grew up in a country where carrots are hit by a 25% sales tax. Not pleasing anyone is what got her elected. Cook tried in the past to sweet talk or scare her with his "I'm CEO of a big US company", then called her politics "crap", and pushed DC + Obama to behave like henchmen in order to save the tax scheme of Apple. Didn't work... like didn't work at all. Complete failure. According to sources quoted by Financial Times the meeting Cook had with her was "the worst meeting ever in Brussels". This simply indicates that Cook came fully unprepared as her style hasn't changed.

    Unlike the last 3 US presidents she is capable of making stuff happen. She pushed for USB C, Digital Markets Act, AI Act, and has been a fierce advocate for GDPR. These days EU is setting the standard for how things are done with legislation is copied around the world. I don't get why Cook want to meet her after having called her politics crap and sent political henchmen after her. She is known to have the memory of an elephant. Unless Cook is ready to pay and surrender then it simply won't work.

    Nice quoting Jobs, - yet we’ll talk when this has affected our user experience and Apple’s pricing. Tim Cook won’t pay for your new Mac, and neither will this lady. Unlike her, Jobs whom you quote gave us the Mac, the iPhone, and the iPad. How could one even compare an artist like him to a politician whose job is to tax you?

    P.S. GDPR is so useless one even needs third-party software to get rid of its notices. Prove me wrong. 

    GDPR is an absolutely necessary piece of legislation. A model to follow and considered one of the best stabs at protecting EU citizens in the digital age.

    To many here it's the silent shield. Without it, Meta would have been deep into our underwear and way up our nooks and crannies!

    It's what saved EU WhatsApp users from many of those nasty privacy changes Meta tried to slip in a while back.

    No legislation is perfect and it will get revised but I'd rather have it over any alternative. 

    What’sWhat? Isn’t it better not to use crap products in the first place rather than rely on legislation to protect you? 
    edited January 5 williamlondonwatto_cobra
  • Reply 18 of 53
    AllMAllM Posts: 71member
    nubus said:
    AllM said:
    Nice quoting Jobs, - yet we’ll talk when this has affected our user experience and Apple’s pricing. Tim Cook won’t pay for your new Mac, and neither will this lady. Unlike her, Jobs whom you quote gave us the Mac, the iPhone, and the iPad. How could one even compare an artist like him to a politician whose job is to tax you?

    P.S. GDPR is so useless one even needs third-party software to get rid of its notices. Prove me wrong. 
    It doesn't matter if you get GDPR. The important part is that a global company can't ignore it. That is real power. I don't see any current US politician operating on that level. Hate it or not, but there is a bit Pelosi to it. We need for Tim Cook and team to get that. The next Vestager is problably not going to be any more US-friendly.
    I don’t get foreign politicians prying into American business practices. Were the US to merely entertain the idea of introducing, say, a 200% import duty on all European produce in response they’d have no choice but to cease and desist (and perhaps even apologize).  
    edited January 5 williamlondonwatto_cobra
  • Reply 19 of 53
    hexclockhexclock Posts: 1,297member
    The idea that this woman has the power to break up an American company like Apple is laughable. She has no such power. 
    AllMwilliamlondonwatto_cobra
  • Reply 20 of 53
    AllM said:
    nubus said:
    AllM said:
    Nice quoting Jobs, - yet we’ll talk when this has affected our user experience and Apple’s pricing. Tim Cook won’t pay for your new Mac, and neither will this lady. Unlike her, Jobs whom you quote gave us the Mac, the iPhone, and the iPad. How could one even compare an artist like him to a politician whose job is to tax you?

    P.S. GDPR is so useless one even needs third-party software to get rid of its notices. Prove me wrong. 
    It doesn't matter if you get GDPR. The important part is that a global company can't ignore it. That is real power. I don't see any current US politician operating on that level. Hate it or not, but there is a bit Pelosi to it. We need for Tim Cook and team to get that. The next Vestager is problably not going to be any more US-friendly.
    I don’t get foreign politicians prying into American business practices. Were the US to merely entertain the idea of introducing, say, a 200% import duty on all European produce in response they’d have no choice but to cease and desist (and perhaps even apologize).  
    Do you really think the US is going to antagonise the EU over Apple losing money over side loading, when other other American companies such as Google and Microsoft (and even Apple themselves on Macs) allow it and are doing just fine.

    If anything the US is going to replicate the digital markets act in the future.
    williamlondonRespite
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