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EU fines Google record $2.7 billion in first antitrust case https://www.reuters.com/article/us-eu-google-antitrust/eu-fines-google-record-2-7-billion-in-first-
by codeulike 9y ago
EU fines Google record $2.7 billion in first antitrust case
https://www.reuters.com/article/us-eu-google-antitrust/eu-fines-google-record-2-7-billion-in-first-antitrust-case-idUSKBN19I108 https://www.reuters.com/article/us-eu-google-antitrust/eu-fi...
Microsoft fined by European Commission over web browser
http://www.bbc.co.uk/news/technology-21684329 http://www.bbc.co.uk/news/technology-21684329
Apple ordered to pay €13bn after EU rules Ireland broke state aid laws
https://www.theguardian.com/business/2016/aug/30/apple-pay-back-taxes-eu-ruling-ireland-state-aid https://www.theguardian.com/business/2016/aug/30/apple-pay-b...
EU fines Facebook 110 million euros over WhatsApp deal
https://www.reuters.com/article/us-eu-facebook-antitrust-idUSKCN18E0LA https://www.reuters.com/article/us-eu-facebook-antitrust-idU...
- chongli 9y ago$2.7 billion is just the cost of doing business to Google. They had $32 billion in revenue last quarter.
- nojvek 9y agoSure, it ate into the margin however and the share price dropped significantly when the news got out. Europe is probably having a more functioning government than the US.
- zaarn 9y ago2.7 b$ is not simply cost of doing business. 32 b$ revenue doesn't mean 32 b$ profit, once you deduct cost you are left with a lot less. Under GDPR the maximum fine grows to >4 b$ and that will hurt even more.