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Having to settle and pay $700 million is not a loss. That is NOTHING for Google. This is a huge win for them, because you can rest assured Google will get a to
by atonse 3y ago
Having to settle and pay $700 million is not a loss. That is NOTHING for Google.
This is a huge win for them, because you can rest assured Google will get a ton of concessions out of the states in exchange of paying the fine. It's not even high enough to make Google feel "let's never do this again" – it wouldn't be for Google, Facebook, Apple, Amazon, any of these guys.
It should be in the order tens of billions or a hefty amount of their revenue, whichever is greater. Google must be celebrating such a low fine.
- jsnell 3y agoFirst, it wasn't a fine. Second, the settlement wasn't just this $700M, it was a bunch of changes to how Android works. As explained in the article. Third, where in the world are you getting this fairytale about "concessions from the states" from?