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WHAT WE’RE WATCHING
WATCHFUL – As the EU’s head of antitrust looks ahead to a second five-year term, U.S. tech giants such as Apple, Google and Facebook are bracing for more scrutiny. Simon Taylor reports that the role of Margrethe Vestager will expand to include oversight of digital issues. Vestager’s official title is executive vice-president for making Europe “fit for a digital age.” During the last five years, Vestager hit Apple with a $15.5 billion bill for unpaid taxes, fined Google $1.7 billion for abuse in the online advertising market, and charged Facebook $122 million for misleading competition authorities over the acquisition of messaging service WhatsApp.
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