this is what the eu competition commissioner, margrethe vestager, said when they made the ruling againstar. this decision sends a clear message. member states cannot give unfair tax benefits to selected companies. no matter if they are european or foreign, large or small, matter if they are european or foreign, large orsmall, part matter if they are european or foreign, large or small, part of the group 01’ foreign, large or small, part of the group or not. that was the eu competition commissioner. dominic stuttaford is head of tax at international law firm norton rose fulbright. can these finance ministers crack the problem? they can, they will be the problem? they can, they will be the first in a number of years. edison business started, changing the way from the old days when you have people in factories, you had something you could get your hands on. people looking to see how technology companies should be taxed. what is the issue? they are not doing anything illegal but is the law really appropriate to this situation? white that is the real problem. they are paying tax according to

we will hear from margrethe vestager., the biggest cities are bidding to be the second location for amazon headquarters. which locales are at the top of the list? this is bloomberg. ♪ ♪ emily: uber is suing fletch media for click fraud. alleging they improperly built the company for ads and downloads that it had nothing to do with. it is depends fourth-largest advertising company. as part of a lawsuit, uber plans to seek 40 million dollars in damages. after record fine from the e.u., google is figuring out how to comply with an order to stop promoting its own shopping search results over competitors. while the clock ticks down, we sat down with margrethe vestager. in washington, to discuss the case. margrethe: we have found google is dominant in the european market of search and have been misusing this very strong position to promote itself with the google shopping product and competitors. on average, you find competitors on page four in search results. you are always finding google shopping in the best placement. you hav

while the clock ticks down -- withs down, we sat down margrethe vestager. e: we have found google is dominant and has been misusing this very strong withion to promote itself the google shopping product and to deem it -- on average, you find competitors on page four in search results. you are always finding google shopping in the best placement. you have to apply a principal of equal treatment. now it is up to google to figure out how to do this, because this is the only way to make a remedy future proof, because screen sizes will change, everything will change. we still need this to be adhered to. it remains to be seen how google will live up to this. reporter: google is proposing an auction that would sell space to rivals. it is something they proposed in 2013. can you confirm that is the case? margrethe: yes. we got a first draft of what they were thinking about two weeks ago. we got a broad outline about what they are thinking, but the thing is that it is not for us to prove. it is for google to find a way to live up to the decision. ifs is important, be

margrethe vestager says if comparative search engines are unhappy, they will start investigating.ces a record $2.7 billion fine. amazon may be bringing chipotle and shake shack to your door. the e-commerce giant has been trying to get into the food delivery business for a decade. now amazon has teamed up with a company that provides digital orders and pay technology to 200 restaurant brands with 40,000 locations in the u.s. joining me to discuss, olivia zaleski as well as david kirkpatrick. at the risk of offending the west coast, when can i get shake shack delivered? >> starting very soon. they are going to integrate about 200 restaurants. many of them big name brands like chipotle, applebee's, into the platform so amazon can offer foods from those brands. this is significant because amazon restaurants has traditionally focused on mom-and-pop relationships with the small neighborhood bistro you like to go to with your family. it is harder to make money on those restaurants. it takes a lot of time and money for amazon to acquire those restaurant customers. emily: amazon has been e

coming up, margrethe vestager goes to washington. it is her job to keep big tech in check. european commission joins us for a wide-ranging interview. slack sends a message to the competition with a funding round led by softbank. he spoke to us about a potential ipo and beefing up ammo in war for the corporate servicing services market. it makes one of its biggest marks to date on television's biggest night. why the big win is throwing hollywood into flux. european regulators are stepping up their pressure on u.s. tech companies. the european commissioner for competition at the helm, the e.u. has announced massive fines against apple and google. this week, she is in the u.s. visiting her counterparts as well as top political leaders. i want to get to david griffin gura in washington. david, take it away. >> thank you for the time this afternoon on a busy day. let me ask you about the meetings you had today. you met with the ftc and doj. share the substance of those conversations. what were you talking to those counterparts about today? >> we don't show the substance because

manus: as i look at you in florence, beautiful backdrop, you said you had a story from margrethe vestager it's over. they had done their solving on sofa,ofa -- sobbing on the they are getting on with their lives. this says it all. eu -- they aree not going to be in the room, are they? guest: there will not be eu heads of state. this will be something they watch on bloomberg television. there will be a number of cabinet colleagues. davis, and hammond and look for them in the audience and how they react. just standing up there with those people around her showing what looks to be a group of people talking from the same page about what britain wants could be significance enough. there has not been a britain talking with one voice on this subject. manus: we can safely say that is the understatement of 2017. let's bring in the global cio, mark. iu just listened to anna and with that conversation. do you look today as being a moment that sterling and sterling assets could reprice, regional, move along? or is it just more hubris for you? guest: first, let me say florence is a beautiful city and