The rank hypocrisy of Obama’s ‘Appletax’ reaction

The US claims the EU's Apple decision is “political”, but it is the American reaction that is guided by politics. And US disrespect for EU law has a long history.

In the summer of 2001, the US government was furious with the European Union.

Iconic American firm General Electric had just seen a multi-billion dollar merger with Honeywell, which had already been cleared by the US, blocked by the European Commission on competition grounds. US politicians were furious, business leaders were flabbergasted. 

Two years later, the newly-emboldened Commission struck again. It slapped a €497 million fine on American tech giant Microsoft for abusing its dominant market position. Again, there was much sabre-rattling in Washington.