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REUTERS/Francois LenoirEuropean Commission President Jean-Claude Juncker (L) poses with Microsoft founder Bill Gates at the EU Commission headquarters in Brussels January 22, 2015.

The European Union seems to hate American tech companies. A lot.

Just today, there's been a whole range of stories on this theme:

Europe is getting ready to throw the book at Google, which could end up with a $6 billion fine.

Uber issued complaints against Spain, France, and Germany after legal challenges from those countries.

And the EU is going after Apple's new music business before it has even really started.

American tech companies have been attacked for favourable tax treatment (European governments aren't happy to lose out on any tax revenues, especially with economies that have been in recession or stagnation for the past seven years) and US President Barack Obama saysEuropean opposition is a commercial, protectionist issue. But neither of these get to the real heart of the issue.

Europe's perceived hatred toward dominant American tech companies, like Google or Apple, is more cultural than anything.

By nature, Europe has a less positive attitude toward innovation and entrepreneurship than America.Take a look at these graphs from a study by the European Commission:

European Commission, Business Insider

Read more here:
This is why the European Union hates big tech companies

A British exit from the European Union would make the North East inequality worse because of its dependence on exports, a new report has claimed.

Exports to the EU account for 15 per cent of private sector output in the region, which according to figures is one of the poorest in Britain.

The report - published by the Centre for European Reform - claims that poorer regions would be more affected by Brexit, a term used to describe the British exit from the European Union, than richer ones, since their economies are more dependent on exports to the EU.

And according to the findings, the North East is most exposed because of its links with Nissan in Sunderland and its suppliers.

Goods exports to the EU make up 11 per cent of the regions output, while in London, the wealthiest UK region, would be largely unaffected by EU tariffs on goods, as manufacturing makes up a small proportion of its economy.

The report comes after Nissans chief executive Carlos Ghosn said the car manufacturer would reconsider its investment in the UK if Britain left the EU.

Labour parliamentary candidate for Newcastle Chi Onwurah said exiting the EU would be damaging for the regions future economy.

She said: We have a history of making and building and we know the importance of having access to markets and access from the EU.

I agree that exiting from the EU would be damaging to the economic future.

Chi Onwurah

Read more:
British exit from European Union would be damaging for North East, according to new report

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