US tech giants under pressure, scrutiny
Big players face inquiries in European anti-trust investigations
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IT IS not a good week to be a giant American tech company in Europe. The European anti-trust investigation into Google appears to be heating up. More European countries are looking into Facebook's privacy settings. And Apple, already under scrutiny for its low corporate tax arrangements in Ireland, is facing potential anti-trust questions from the European Commission about its new music streaming service expected this year.
The new developments offer the latest and perhaps clearest sign yet that US tech giants face intensifying scrutiny in Europe - pressure that could potentially curb their sizable profits in the region and affect how they operate around the world.
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