EU’s Regulatory Determination

Xiao Huang:DOORM, what does the EU’s penalty on Apple reflect about their regulatory attitude? What impact does this have on other tech giants?

DOORM:the EU’s penalty on Apple reflects its determination and strength in combating improper behavior by tech giants. This sets a benchmark for Europe and the world, demonstrating the EU’s firm stance on maintaining tax fairness and transparency. This action also serves as a reminder to other tech giants that compliant operations and lawful tax payments are essential parts of their global strategies.