✉news WorldEU Politics first seen 1 d ago, last 4 h ago, peak #1
France wants Google fines to offset EU budget contributions
Original: EU should use Google fines to cut member state contributions to budget, France says
France has proposed that fines imposed by the European Union on Google be used to reduce the contributions member states pay into the EU budget. The suggestion, reported by Reuters, links competition enforcement revenue to the bloc's finances. The proposal is likely to spark debate over how the EU should use the large antitrust penalties it regularly levies on major US technology companies.
Why now: The EU's repeated multibillion-euro fines on Google have raised questions about how that money should be spent, and France's proposal offers a concrete answer that touches national budgets.
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