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Why would Google pull out? Let's be clear about this: the EU is setting quite tame limitations on how Google uses the data they collect on EU citizens. Google d
by Traster 7y ago
Why would Google pull out? Let's be clear about this: the EU is setting quite tame limitations on how Google uses the data they collect on EU citizens. Google doesn't need the EU in order to exist. But it would be incredibly difficult for them to justify to shareholders why they've given up an enormous market and essentially created an opportunity for a competitor to build scale freely (and then challenge them in their own market). As for getting the EU to 'kick Google out', that's not even a thing. Either Google abides by EU laws and it can operate in the EU or they can refuse in which case the EU can fine them, and seize their assets. If you think Google can operate credibly at scale in the EU with no infrastructure in the EU then I think you vastly underestimate the complexities of running an enormous website, let alone a complex multinational organisation with large engineering and sales centres in the EU.
- shadowgovt 7y agoConveniently for Google, they're not obligated to justify anything to shareholders. The company founders control a majority of the only class of shares that has voting rights. https://www.businessinsider.com/google-larry-page-sergey-brin-still-majority-control-alphabet-2019-12 https://www.businessinsider.com/google-larry-page-sergey-bri...