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EU’s Vestager Sees ‘Clash of Understanding’ With U.S. Over Apple

  • EU antitrust chief Margrethe Vestager comments on Bloomberg TV
  • U.S. officials have criticized EU over Apple back-tax order
Bloomberg business news

EU's Vestager: Continued Disagreement With U.S. on Apple

Margrethe Vestager, the European Union competition chief, said there was a “clash of understanding” with the U.S. Treasury over her order for Apple Inc. to pay as much as 13 billion euros ($14.5 billion) in back taxes.

"We will continue to disagree on this decision also because we have very very different legal traditions," Vestager told Bloomberg TV in an interview in New York on Wednesday. "I do hope we will stay on the same page" on efforts to curb global tax evasion.