3 ms·
Whatever that point is, it's not in any case relevant to the case at hand. The EU hasn't actually levied that many fines on Google. I think it's three significa
by jsnell 2y ago
Whatever that point is, it's not in any case relevant to the case at hand. The EU hasn't actually levied that many fines on Google. I think it's three significant cases total in the lifetime of the company, none this decade? (Shopping results in search in 2017, Android in 2018, Ads in 2019, the total fines were about 8B euros). Those numbers are big, and enough to act as a deterrent, but even if I've forgotten about some additional case,m they can't be anywhere near big enough to leave a market where they must be making >10B/year in profit.
You're just thinking it's been more frequent than that, because you keep reading reporting on the same fines over and over, as the case works its way through appeals.
And in case it makes you feel any better, based on these comments you're not the only one getting fooled into thinking that this is news rather than a case that ended in 2017.
- yojo 2y agoAnnual net income last year was $87B. So they’ve been fined a little over one month of profits.
- mianos 2y agoThat is why it is just speculation. A lot of people go 'Google will leave that market if it is a hassle', as long as they can make a buck they will stay. That is a lot of fines to pay before it makes much difference.