A PYMNTS Company

US: Elizabeth Warren backs EU antitrust fine for Google

 |  July 24, 2018

Earlier this week Senator Elizabeth Warren sat down with CNBC’s John Harwood to discuss an array of issues, from President Donald Trump to the economy.

Here, she talked about the European Union’s fine of Alphabet’s Google and how the US pursues antitrust enforcement.

Q: The European Union just fined Google US$5 billion. You like that?

A: Look, they made their case, and they make a pretty strong case. What’s bothers me is…

Q: The president criticized it and said, “That shows that Europe is going after American companies.”

A: No. What it shows is that Europe is serious about antitrust laws, Europe is serious about anti-competition laws, and the United States is lagging. We were once the leaders in the world on this, and no more.

See interview below:

Warren backs EU on Google fine from CNBC.

Full Content: CNBC

Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.