Robbing American high tech companies. Europe did it again: $ 1.44 Billion fine for using illegal sales tactics May 13, 2009Posted by deminvest in investment.
This is what I wrote last year: “European Union is finding a new interesting way to finance its huge bureaucracy: they impose billion dollars sanctions on Microsoft” here is the link.
Since it worked so well,they are doing it again. I still think that US should retaliate imposing equivalent fines on European exporting to the US.
I have to quote myself again:
It is too easy for European Union bureaucrats to finance themselves with sanctions on a foreign company. If European exporters had to pay duties for the same amount, maybe it would become a bit less popular to impose those sanctions, and on the larger scale of international trade, there would be a perfect balance.