clemynx
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EU hammers Google with record $2.7 billion antitrust fine for illegal search manipulation
ike17055 said:rotateleftbyte said:ike17055 said:The European elites continue to demonstrate that they have no real understanding of free markets and competition.
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EU hammers Google with record $2.7 billion antitrust fine for illegal search manipulation
ike17055 said:wizard69 said:This is a prime example of the EU's obsession with successful American companies. Frankly i think the goverment here in the USA needs to take a more active roll in adressing this harassment.
Europe would be fine without the US. YOU decided to put bases in Europe after the war. YOU can take them away we wouldn't care.
Europe doesn't depend on the US for anything.
The best way of being good allies is NOT leaving an international climate treaty and insulting basically every European leader.
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EU hammers Google with record $2.7 billion antitrust fine for illegal search manipulation
foggyhill said:bshank said:BenC said:bshank said:gatorguy said:They won't be allowed to put Google Shopping at the top of the results page, which I'm sure was an effort to address eBay and Amazon product searches. Understandable Google would wish to do so, but also understandable that it could be seen as affecting competitors unfairly. If Google Search wasn't as good as it is, reportedly over 90% share in the EU (really??!), this would have probably passed muster IMO but the success of Google Search means they just can't do some of the some things a smaller competitor might get by with.
While personally a $2B+ fine for favoring (I've seen zero evidence they were blocking anyone else despite Ms. Vestager's comments) seems just a tad excessive considering the goal is to force them to change the way they present product search results which the ruling itself does, it is what it is. The EU Commission is convinced they hold sway over companies no matter where they do business as long as some of that business is in Europe. (I'll have to do some reading to see how that came about as it seems very odd to me.) Google can well afford to pay it, and it doesn't have anything to do with general Google Search results as far as I've read so that should not be affected. But Google competitors do seem to have Ms. Vesteger's ear so this is just the first shoe to drop.
Anyway, if anyone is curious how Google displays Google Shopping and how it can be seen as anti-competitive do a search for some product, perhaps a toaster, and see how Google displays the results. The EU feels the same ranking rules that apply to other shopping sites should also apply to Google's own products, even tho it is their search product that's being used. Once you get to the point of being seen as dominant in your field the EU believes you should play by stricter rules, and in some way I tend to agree.
Now is the EU unfairly targeting big US techs? I've not really firmly formed my own opinion on that yet. The quick-take would be... maybe. The EU is still chasing Apple for a few $B, Facebook was fined there in recent months for misleading the EU Commission, Amazon had to change the way they market books there or face fines, and very recently Nike and Comcast also have had new antitrust investigations targeting their practices opened by Ms. Vestager and the EU Commission.
There's also the so far rarely mentioned look by the EU into possible anticompetitive practices in the Apple App Store and Google Play where Ms. Vestager may try to make many of the same arguments she did in this case. More fun to come.Amazon is first in my Google search
Whether you think that is fair or unfair is a matter of opinion. The EU is saying that under their rules it is illegal. Perhaps in the USA it is not illegal. No problem. Google is quite capable of (and indeed is obliged to) adjusting its product to reflect the regulations of the markets in which it chooses to operate.No they can't buddy, not if you're a god damn monopoly in search; that's the whole point of anti-trust legislation.If the search is not returning the best result, but the one the lines their pockets, it's actual fraudulent to their own stated purpose. -
EU hammers Google with record $2.7 billion antitrust fine for illegal search manipulation
bshank said:foregoneconclusion said:ike17055 said:The European elites continue to demonstrate that they have no real understanding of free markets and competition. -
EU hammers Google with record $2.7 billion antitrust fine for illegal search manipulation
SpamSandwich said:clemynx said:SpamSandwich said:clemynx said:SpamSandwich said:rotateleftbyte said:ike17055 said:The European elites continue to demonstrate that they have no real understanding of free markets and competition.
This is just the same old EU blackmailing tactics they've pulled on Apple, Microsoft and others.
You think that the American dream is real and that customers have a choice. I think you are naive, that the American dream has been shown to be a lie, that the US are a big scam, that consumers only have the illusion of a choice and that big companies prey on their consumers.
Incapable EU politicians are poison to free markets.
This is not about end consumers. It's about competing companies that want to appear in search results and can't compete with Google Shopping's prominent placement.
Back on on the subject, you proved you don't understand this problem. This has little to do with end consumers and everything to do with smaller shopping websites that can't compete with Google because Google advertises its products on its engine even when its products aren't the most relevant.