5 ms·

I wonder if that's payback for the US gov fining VW so hard: https://www.usatoday.com/story/money/cars/2017/04/21/volkswagen-diesel-scandal-hearing/100739290/

I wonder if that's payback for the US gov fining VW so hard: https://www.usatoday.com/story/money/cars/2017/04/21/volkswagen-diesel-scandal-hearing/100739290/ https://www.usatoday.com/story/money/cars/2017/04/21/volkswa... It's almost the same amount, US$2.8B. It's like the EU telling the US "F with our corporations and we'll F with yours".

mtmail 9y ago
That's unrelated. The EU is going after Volkswagen as well. http://fortune.com/2016/09/05/eu-volkswagen-emissions-tests/ http://fortune.com/2016/09/05/eu-volkswagen-emissions-tests/
pulse7 9y ago
I wonder how much GM will pay for emissions cheating in US: http://money.cnn.com/2017/05/25/news/companies/gm-emissions-cheating/index.html http://money.cnn.com/2017/05/25/news/companies/gm-emissions-...
kbart 9y ago
Correct me if I'm wrong, but Google antitrust investigation had started earlier than VW scandal, so maybe that's vice versa.
distances 9y ago
That's a very cynical view. As an European citizen I expect my representatives not to engage in such childish schemes even if it's about considerable sums. I think the provided explanation is clear and the punishment reasonable.
- dustinmoris 9y ago
  Are you sure? This is the company who initiated the lawsuit: http://www.foundem.co.uk/ http://www.foundem.co.uk/ By looking at the website do you think they were disadvantaged in Google search because of Google's monopoly or perhaps for MANY other reasons? I mean it doesn't even render on mobile...
  - jazoom 9y ago
    I guess it's stuck in 2008 because they've made no money since then?
    - ferongr 9y ago
      I doubt it. We have a price aggregator (skroutz.gr) here in Greece that people prefer because it's actually useful. The above site doesn't look like that.
      - jazoom 9y ago
        It was kind of a joke in reference to the article. I also run an Australian price aggregator and it doesn't look like that: https://pricehipster.com https://pricehipster.com
  - bahjoite 9y ago
    Of which lawsuit do you speak? From [1]:- > The European Commission has decided to open an antitrust investigation into allegations that Google Inc. has abused a dominant position in online search, in violation of European Union rules (Article 102 TFEU). The opening of formal proceedings follows complaints by search service providers about unfavourable treatment of their services in Google's unpaid and sponsored search results coupled with an alleged preferential placement of Google's own services. This initiation of proceedings does not imply that the Commission has proof of any infringements. It only signifies that the Commission will conduct an in-depth investigation of the case as a matter of priority. [1]: http://europa.eu/rapid/press-release_IP-10-1624_en.htm?locale=en http://europa.eu/rapid/press-release_IP-10-1624_en.htm?local...
Magnets 9y ago
The google case dates back to 2010 http://news.bbc.co.uk/1/hi/business/8533551.stm http://news.bbc.co.uk/1/hi/business/8533551.stm
megablast 9y ago
I hope that the next companies that messes up gets fined even more. Although, of course, what VW did is a billions times worse, and actually resulted in deaths.
matt4077 9y ago
These things really don't work at the emotional, nationalistic level that people often ascribe to them. I'm not going to find it again, but if you check the list of the largest cartel penalties imposed by the EU, 9 of the top 10 are European companies (plus one asian, I believe).
cm2187 9y ago
VW and european banks.

mtmail 9y ago

That's unrelated. The EU is going after Volkswagen as well. http://fortune.com/2016/09/05/eu-volkswagen-emissions-tests/ http://fortune.com/2016/09/05/eu-volkswagen-emissions-tests/

pulse7 9y ago

I wonder how much GM will pay for emissions cheating in US: http://money.cnn.com/2017/05/25/news/companies/gm-emissions-cheating/index.html http://money.cnn.com/2017/05/25/news/companies/gm-emissions-...

kbart 9y ago

Correct me if I'm wrong, but Google antitrust investigation had started earlier than VW scandal, so maybe that's vice versa.

distances 9y ago

That's a very cynical view. As an European citizen I expect my representatives not to engage in such childish schemes even if it's about considerable sums. I think the provided explanation is clear and the punishment reasonable.

dustinmoris 9y ago
Are you sure? This is the company who initiated the lawsuit: http://www.foundem.co.uk/ http://www.foundem.co.uk/ By looking at the website do you think they were disadvantaged in Google search because of Google's monopoly or perhaps for MANY other reasons? I mean it doesn't even render on mobile...
- jazoom 9y ago
  I guess it's stuck in 2008 because they've made no money since then?
  - ferongr 9y ago
    I doubt it. We have a price aggregator (skroutz.gr) here in Greece that people prefer because it's actually useful. The above site doesn't look like that.
    - jazoom 9y ago
      It was kind of a joke in reference to the article. I also run an Australian price aggregator and it doesn't look like that: https://pricehipster.com https://pricehipster.com
- bahjoite 9y ago
  Of which lawsuit do you speak? From [1]:- > The European Commission has decided to open an antitrust investigation into allegations that Google Inc. has abused a dominant position in online search, in violation of European Union rules (Article 102 TFEU). The opening of formal proceedings follows complaints by search service providers about unfavourable treatment of their services in Google's unpaid and sponsored search results coupled with an alleged preferential placement of Google's own services. This initiation of proceedings does not imply that the Commission has proof of any infringements. It only signifies that the Commission will conduct an in-depth investigation of the case as a matter of priority. [1]: http://europa.eu/rapid/press-release_IP-10-1624_en.htm?locale=en http://europa.eu/rapid/press-release_IP-10-1624_en.htm?local...

Magnets 9y ago

The google case dates back to 2010 http://news.bbc.co.uk/1/hi/business/8533551.stm http://news.bbc.co.uk/1/hi/business/8533551.stm

megablast 9y ago

I hope that the next companies that messes up gets fined even more. Although, of course, what VW did is a billions times worse, and actually resulted in deaths.

matt4077 9y ago

These things really don't work at the emotional, nationalistic level that people often ascribe to them. I'm not going to find it again, but if you check the list of the largest cartel penalties imposed by the EU, 9 of the top 10 are European companies (plus one asian, I believe).

cm2187 9y ago

VW and european banks.