EU antitrust chief Vestager to leave Commission with a bang

Margrethe Vestager, the EU antitrust chief, is concluding her nearly ten-year tenure at the European Commission with significant achievements. Recently, the European Court of Justice ruled against Apple's tax arrangements in Ireland, which had been a contentious issue regarding tax justice in the EU. Additionally, the court found Google guilty of anti-competitive practices, reinforcing the EU's commitment to fair competition in the digital market. These rulings are seen as a culmination of Vestager's persistent efforts to regulate Big Tech's influence in Europe. The implications of these court decisions extend beyond immediate victories for Vestager. They signal a shift in how the EU approaches corporate taxation and competition law, potentially influencing future policies aimed at curbing the power of large technology companies. As Vestager prepares to leave her position in November, her legacy will likely shape the EU's regulatory landscape for years to come. The rulings not only highlight the EU's stance on tax justice but also reflect a broader global trend towards increased scrutiny of multinational corporations. Vestager's work has garnered attention and support from various stakeholders advocating for a more equitable digital economy. The outcomes of these cases may inspire similar actions in other jurisdictions, emphasizing the need for accountability among tech giants. As the EU moves forward, the challenge will be to maintain momentum in enforcing competition laws and ensuring that tax regulations are applied fairly. Vestager's departure marks the end of an era, but her achievements may pave the way for continued efforts to promote fairness and transparency in the digital age.