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What Next | Daily News and Analysis

Big Tech Fears Her

What Next | Daily News and Analysis

Slate Podcasts

Daily News, News, News Commentary

4.32.4K Ratings

🗓️ 27 September 2024

⏱️ 32 minutes

🧾️ Download transcript

Summary

Over the last decade, the European Union has been the vanguard regulating Big Tech, and the push has been led by Margrethe Vestager. As she steps down, Vestager is looking both back at the battles she’s fought, and how the fight will continue. 


Guest: Margrethe Vestager, European Commissioner for Competition. the European Commission’s Executive Vice President on a Europe Fit for the Digital Age.


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Transcript

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0:00.0

On September 10th, Apple lost a pricey fight at the European Court of Justice.

0:10.0

Apple loses an EU top court fight over a 13 billion For this

0:15.0

is Apple loses an EU top court fight over a 13 billion euro Irish tax bill the EU's top court has said

0:18.0

that Apple was given illegal state aid.

0:21.0

This ruling then seen as a boost to the EU's crackdown on tax deals for big firms and this goes back to...

0:27.6

Apple now has to pay Ireland 13 billion euros to settle a sweetheart tax deal it got back in the 90s. That same day,

0:35.2

Google was hit with a fine of 2.4 billion euros for giving its own shopping

0:39.6

recommendations preferential treatment in its search results.

0:42.8

Those cases have one key player in common,

0:48.8

Margreta Vestier. She's the European Commissioner for Competition.

0:53.0

Think of her as Europe's top antitrust enforcer,

0:55.8

with big tech in her sights.

0:58.1

Vestier's been doing the job for almost 10 years,

1:00.7

and she'll leave office later this year.

1:03.7

So today on the show, we sat down to talk.

1:07.0

I'm Lizzio Leary and you're listening to what next TBD,

1:10.2

a show about technology, power,

1:12.0

and how the future will be determined.

1:13.7

Stick around. This podcast is brought to you by Progressive Insurance.

1:25.0

Fiscally responsible, financial geniuses, monetary magicians.

1:32.3

These are things people say about drivers who switch

1:34.2

their car insurance to progressive and save hundreds. Because progressive

...

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