US President Donald Trump blasted European Union regulators for targeting Apple Inc., Alphabet Inc.’s Google and Meta Platforms Inc., describing their cases against American companies as “a form of taxation.

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Donald Trump called the EU's regulation on U.S. tech companies, like Meta, Google and Apple, to be "a form of taxation."

A report by Proton had revealed that Google had to pay the maximum fine for abusing its market position. Its parent company, Alphabet, paid a total fine of $2.9 billion, which also included a $2.5 billion penalty from the European Union.

Trump has hit out against EU fines against US companies The new President has said that the fines are "a form of taxation" Apple, Meta, and Google are all currently facing large EU fines Following Meta CEO Mark Zuckerberg’s plea to newly inaugurated President Trump to stop US companies from paying European Union fines,

Brussels is reassessing its investigations of tech groups including Apple, Meta and Google, just as the US companies urge president-elect Donald Trump to intervene against what they characterise as overzealous EU enforcement.