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EU probing tax deals for Apple, others

Posted: June 12, 2014 at 2:55 a.m.

European Commissioner for competition Joaquin Almunia addresses the media at the European Commission headquarters in Brussels, Wednesday, June 11, 2014. The European Union's antitrust regulator said Wednesday it is launching an investigation into tax deals that Apple, Starbucks and Fiat struck with several European countries to see whether they violate competition law.

The European Union's antitrust regulator has opened an investigation into tax deals that Apple, Starbucks and Fiat struck with some European countries, the start of a wider push to keep multinational companies from taking advantage of provisions.

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