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Giants have too much at stake and too many resources at their disposal. Either they will throw tons of resources to fend off the problem or they will take a few
by RestlessMind 9y ago
Giants have too much at stake and too many resources at their disposal. Either they will throw tons of resources to fend off the problem or they will take a few bites. As an example, Google's stock was unaffected even after being fined $2.6B last year.
- Someone 9y agoThat may be because the market already had accounted for it.
- ryanlol 9y ago>As an example, Google's stock was unaffected even after being fined $2.6B last year. What is this supposed to be an example of?
- RestlessMind 9y agoHow government regulations and penalties won't really bite the giants. (to address GP's point)
- ryanlol 9y agoThe fine didn't really come as a surprise, I'm not sure why you'd expect it to have a visible effect on the stock price?