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The EU actually loves levying huge fines against rich US tech companies. Why do you think they prefer compliance to fines?
by ggg9990 8y ago
The EU actually loves levying huge fines against rich US tech companies. Why do you think they prefer compliance to fines?
- Angostura 8y agoWell, let's take a famous example. The €4.2bn fine given to Google in 2017 for abuse of its market position in pushing its own shopping results. https://www.theguardian.com/business/2017/jun/27/google-braces-for-record-breaking-1bn-fine-from-eu https://www.theguardian.com/business/2017/jun/27/google-brac... Shocking stuff. Except the Commission actually gave Google quite detailed advice over 5 years earlier about what it needed to do to be compliant. https://www.ft.com/content/564a284a-a334-11e1-8f34-00144feabdc0 https://www.ft.com/content/564a284a-a334-11e1-8f34-00144feab...