European commissioner Margrethe Vestager has struck a blow against Apple and transnational corporations. Brexit will see the UK moving in the opposite directionThe last few days gain seen the emergence of an unlikely hero in Margrethe Vestager,the European competition commissioner. Undeterred by threats and bullying from the US Treasury she has demanded that Apple pay 13bn of back tax it has avoided thanks to a sweetheart deal with the Irish government. In spite of corporate bluster and inevitable future legal action, Vestager can act tough because her job is to ensure that there is fair competition in the European market. fairly an achievement for somebody who is in the Brexiteers’ detest group of faceless bureaucrats”. Related: Tech giants know where the power lies. It’s not with us | Rafael Behr Related: Apple must now pay its taxes. This is a vindication of protest | Owen Jones Continue reading...
Source: theguardian.com