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They've fined plenty of EU-based companies as well.

https://www.cnbc.com/2017/06/27/the-largest-fines-dished-out...


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The method used to calculate the fines is the same for every company. You can review it here: https://eur-lex.europa.eu/legal-content/EN/TXT/HTML/?uri=CEL...

Seems perfectly reasonable to me.


"Large fines" are relative, it's based on global turnover. Google's revenue is far higher than most other corporations.


1) You're lying. Read the article - it's not all American companies. [Edit: parent changed their post after claiming 'All' the fines were to US companies]

2) Perhaps if it's mostly US companies it's because they are more abusive of their market power, a mentality incubated in the lobbying culture of American politics and corresponding spinelessness of regulators.


There's Philips(NL) and Panasonic(JP) there as well.

As for "protectionism" - maybe UE companies simply follow the rules better instead of trying to extort maximum possible and playing in grey area?


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[ citation needed ]

Looking at https://en.wikipedia.org/wiki/List_of_countries_by_GDP_secto..., when adding up a couple of European countries I'd say it's third behind the China and the US.


>but yeah this is the protectionism that Europe seems to cling to for the last 2 thousand years.

You say it as if it's a bad thing.

Besides the US was the most protectionist country for most of its rise, well into the 20th century.

>No wonder the place has become a tourist trap while industries are in Asia, Africa, and the Americas.

Ever bothered to check a list of the world's economies by size and population?


You don't know what you are talking about....China is the most protectionist country...not to mention most from the Americas...


> China is the most protectionist country..

That's why Trump is so good for the world. They need to be taken to task for this.


I believe Trump stance on China is being diluted by using the same quota for allies such EU, AU and CA and seeking better conditions for countries such Russia. Some of the terms he is trying to impose will never be agreed(i.e lower food safety standards in the EU).


Fair point. I however don't agree fully. One could argue that there's not as much urgency in adjusting quotas for EU and similar allies but they too need to be checked because of the way they treat US co.s especially those in the tech sector.




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