France's digital minister says tax on big tech is just the start
Cédric O says French will not back down on levy despite US threats of trade war and that tax is just tip of the iceberg in terms of new regulations needed to deal with powerful tech giants.
FranceFrance will go ahead with its controversial new tax on the profits of large technology firms such as Google and Facebook despite US threats to retaliate, as the government vows that it is just the start of a crucial rethink of the regulation of tech monopolies, reports The Guardian. Cédric O, the French junior minister for digital affairs, told The Guardian that Emmanuel Macron’s drive to make companies including Amazon and Apple pay more and fairer tax would go ahead, despite US warnings that it could open up a new front in the international trade war.
