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EMEA is Google's second largest market, and it's not even close for competition. There is no way Google would be willing to cut revenue by $90 billion annually.

EMEA is Google's second largest market, and it's not even close for competition. There is no way Google would be willing to cut revenue by $90 billion annually. It would be corporate suicide. The single greatest loss event of investor capital in history. They'll comply, just like Apple will comply with the DMA. They have a fiduciary responsibility to their shareholders. Unlike the U.S., E.U lawmakers can't be bought.

ChuckNorris89 3y ago
> Unlike the U.S., E.U lawmakers can't be bought. I'm curious if you're so naive to believe that or if you were trolling and wrote that with a straight face. Because cronies like Ursula Von Der Leyen would like to disagree with you.
- permo-w 3y ago
  if EU lawmakers could be bought in the same way US ones can, there is absolutely no way that GDPR or the DMA would have been enacted. this isn't to say that they are completely unbuyable, but look at how much the companies affected had to lose. literally tens of billions in some cases. there's evidence online that they were pumping money into any channel possible to try and stop the DMA, but they failed
  - sebzim4500 3y ago
    If US lawmakers could be bought the same way that EU ones can, there is absolutely no way that they would have increased the corporate tax rate from 19% to 25%. /s
    - permo-w 3y ago
      that's a false equivalence and you know it
nonethewiser 3y ago
But how much is it from the ad business that the EU is breaking up in this hypothetical?
- Timon3 3y ago
  Why does that matter?
YetAnotherNick 3y ago
You are including an entire continent and countries like UK, UAE, Saudi for coming up with this revenue number for EU. Also my guess would be that profit margin will be much lower than US due to all the regulations like GDPR. Google's overall ad revenue is 4x greater than EU total revenue. It will definitely loose EU business than it will loose ads business. But yeah there are always legal loophole in things like this and likely it could keep both.
unmole 3y ago
> Unlike the U.S., E.U lawmakers can't be bought. My sides. https://en.wikipedia.org/wiki/Qatar_corruption_scandal_at_the_European_Parliament https://en.wikipedia.org/wiki/Qatar_corruption_scandal_at_th... https://www.nytimes.com/2022/04/23/world/europe/schroder-germany-russia-gas-ukraine-war-energy.html https://www.nytimes.com/2022/04/23/world/europe/schroder-ger...

ChuckNorris89 3y ago

> Unlike the U.S., E.U lawmakers can't be bought. I'm curious if you're so naive to believe that or if you were trolling and wrote that with a straight face. Because cronies like Ursula Von Der Leyen would like to disagree with you.

permo-w 3y ago
if EU lawmakers could be bought in the same way US ones can, there is absolutely no way that GDPR or the DMA would have been enacted. this isn't to say that they are completely unbuyable, but look at how much the companies affected had to lose. literally tens of billions in some cases. there's evidence online that they were pumping money into any channel possible to try and stop the DMA, but they failed
- sebzim4500 3y ago
  If US lawmakers could be bought the same way that EU ones can, there is absolutely no way that they would have increased the corporate tax rate from 19% to 25%. /s
  - permo-w 3y ago
    that's a false equivalence and you know it

nonethewiser 3y ago

But how much is it from the ad business that the EU is breaking up in this hypothetical?

Timon3 3y ago
Why does that matter?

YetAnotherNick 3y ago

You are including an entire continent and countries like UK, UAE, Saudi for coming up with this revenue number for EU. Also my guess would be that profit margin will be much lower than US due to all the regulations like GDPR. Google's overall ad revenue is 4x greater than EU total revenue. It will definitely loose EU business than it will loose ads business. But yeah there are always legal loophole in things like this and likely it could keep both.

unmole 3y ago

> Unlike the U.S., E.U lawmakers can't be bought. My sides. https://en.wikipedia.org/wiki/Qatar_corruption_scandal_at_the_European_Parliament https://en.wikipedia.org/wiki/Qatar_corruption_scandal_at_th... https://www.nytimes.com/2022/04/23/world/europe/schroder-germany-russia-gas-ukraine-war-energy.html https://www.nytimes.com/2022/04/23/world/europe/schroder-ger...