The European Union's top competition regulator stood by herdecision to demand more than $14 billion in tax repayments fromApple Inc. and tweeted that she may investigate other major U.S.companies, ahead of meetings with officials in Washington.

Margrethe Vestager, the EU's commissioner for competition, metMonday with U.S. Treasury Secretary Jacob J. Lew; Federal TradeCommission Chairwoman Edith Ramirez; Senator Orrin Hatch of Utah,chairman of the Finance Committee; and other key lawmakers.

Hatch said Vestager failed to make “an effective case for thishighly politicized ruling rooted in an erroneous interpretation oflaw.”

Complete your profile to continue reading and get FREE access to Treasury & Risk, part of your ALM digital membership.

  • Critical Treasury & Risk information including in-depth analysis of treasury and finance best practices, case studies with corporate innovators, informative newsletters, educational webcasts and videos, and resources from industry leaders.
  • Exclusive discounts on ALM and Treasury & Risk events.
  • Access to other award-winning ALM websites including PropertyCasualty360.com and Law.com.
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.