4 ms·
That’s a complete red herring. This is not Europe racketing Google. Google is losing the same kind of trial everywhere in the world including the US for one si
by StopDisinfo910 1y ago
That’s a complete red herring.
This is not Europe racketing Google. Google is losing the same kind of trial everywhere in the world including the US for one simple reason: they are actually using anticompetitive practices in the ad tech market.
Honestly the most likely to benefit from this verdict are other American companies. You are welcome for us doing the enforcement your country refuses to do.
- dmix 1y agoAlmost all the most famous anti-trust cases in America like against Microsoft https://en.wikipedia.org/wiki/United_States_v._Microsoft_Corp.#Settlement https://en.wikipedia.org/wiki/United_States_v._Microsoft_Cor... were not about monetary fines, they are first and foremost about changing practices (behavioural remedies). Microsoft didn't even pay any money, they had to change how they operated their business in the US. Likewise with both the recent antitrust trials in the US against Google: In one government prosecutors wanted them to sell off Chrome, the other they are trying to break Google Ads monopoly by breaking it up. This is not a system extracting billions of the dollar for the 4th time in a couple years. Especially as others have mentioned that this commission is also the one inventing the rules, so it can keep doing it indefinitely for new reasons.
- alkonaut 1y ago> Microsoft didn't even pay any money, they had to change how they operated their business in the US. They had to do that, or else what? Some form of cruel and unusual punishment that doesn’t involve fines? Isn’t this process about compliance with laws too? They have had time to follow the laws but chosen not to.
- daurentius523 1y agoEU cannot force US company to dissolve or sell parts (it would be meaningless) - it can only fine it until it will have to sell parts. If US did exercise it's antitrust laws we wouldn't be here.