EU greenlights Bayer-Monsanto deal – EU targets US tech giants
Economy Minister Bruno Le Maire said France would give the EU until March to come up with a deal on taxing US internet giants. If it fails, France will go ahead and impose its own taxes in 2019.
France has been desperately trying to save a plan to get tech companies to pay more tax. Some nations are pinning their hopes on a global solution to the problem, while others are pushing national schemes.
What binds the most successful companies in the world together? According to some, it's so-called "platform" business models. And if European firms want to compete in the digital age, they need to catch up.
French President Emmanuel Macon and German Chancellor Angela Merkel have ambitious plans for the future of the European Union. But are the two countries headed in the same direction?
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