The size of Apple tax  escrow fund has yet to be confirmed but it could be in the range of €13 billion to €15 billion, including interest, according to the Department of Finance. Photograph: Reuters/Mike Segar

The Department of Finance has revealed that the amount of back-taxes it will have to collect from iPhone maker Apple could be up to €15 billion, inclu(...)

The State is nearing an agreement with Apple on how to manage back tax it has been ordered to collect from the iPhone maker. File photograph: Mike Segar/Reuters

The State is nearing an agreement with Apple on how to manage back tax it has been ordered to collect from the iPhone maker, even as it appeals a 2016(...)

Bill Gates: for years he persisted in unveiling his tablets and smartphones, proof of his preparedness. And then Microsoft’s winter came, in the form of mobile, and all those years of preparation were for naught. Photograph:  Bruce Glikas/FilmMagic

The world of regulation and anti-trust enforcement, it need hardly be pointed out, is not the most scintillating area of public interest – the intermi(...)

Monte dei Paschi di Siena bank has been embroiled in a prolonged state rescue after failing to raise €5 billion on the market to shore up its capital. Photograph: Filippo Monteforte/AFP/ Getty

The European Commission gave its blessing to a state bailout of Italy’s Banca Monte dei Paschi di Siena on Tuesday, paving the way for a deep restruct(...)

European Union Commissioner for Competition Margrethe Vestager. Photograph: Virginia Mayo/AP Photo

The European Commission’s notoriously secretive Directorate-General for Competition has wide powers to investigate, including search and seizure in th(...)

Taoiseach Leo Varadkar with (from left) Bank of China’s Dublin branch manager Tian Jun; the bank’s chairman, Tian Guoli; and China’s ambassador to Ireland, Dr Yue Xiaoyong. Photograph: Maxwell

It took a little over a fortnight for Theresa May’s Conservatives to strike a deal with Arlene Foster’s DUP, but – while sterling may have climbed to(...)

EU Commissioner for Competition Margrethe Vestager speaks during a media conference  in Brussels on Tuesday. Photograph: Virginia Mayo/AP

The decision by the European Commission to impose a €2.4 billion fine on Google for breaking competition rules is a landmark move. The US giant wrongl(...)

Ruling against Google on abuse of search dominance is first of three cases working their way through EU antitrust process. Photograph: EPA/Walter Bieri

The landmark EU antitrust decision against Google, and the record-breaking fine of €2.4 billion, was a long time coming. For seven years, the European(...)

European regulators have in the past investigated Microsoft, Intel, Apple, Google, Facebook and Amazon, raising US claims that Brussels was waging a war against the Silicon Valley.

The European Commission on Tuesday fined Google €2.4 billion for breaking e EU competition rules by abusing its monopoly over internet search to unfai(...)

The fine for Alphabet’s Google, expected to top a previous €1.07 billion record, will skirt the usual rules that see all of the EU’s 28 commissioners discuss controversial decisions at a weekly meeting, usually on a Wednesday.

Google is set to face a record antitrust fine from the European Union on Tuesday for promoting its own shopping search service over those of smaller r(...)

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