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EU Will Miss Apple Tax-Probe Deadline, Vestager Tells Lawmakers

relates to EU Will Miss Apple Tax-Probe Deadline, Vestager Tells Lawmakers
Photographer: David Paul Morris/Bloomberg

Margrethe Vestager, the European Union’s competition chief, said regulators will miss a self-imposed deadline to complete tax probes into four companies, including Apple Inc., by the middle of this year.

“We will not sacrifice the rule of law or the quality of our work to speed up the process,” she told European Parliament lawmakers in Brussels on Tuesday.