The Roughshod Eu Has Fined Google $2.7 Billion
Tuesday, June 16, 2020
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Title : The Roughshod Eu Has Fined Google $2.7 Billion
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The European Union has fined Google a tape €2.42 billion ($2.71 billion) for favoring its ain comparison-shopping service inwards search results as well as ordered the theatre to apply the same methods to rivals as its ain when displaying their services.
“Google abused its marketplace position authorisation as a search engine past times promoting its ain comparing shopping service inwards its search results, as well as demoting those of competitors,” said the aggressive political climber, European Union enforcer as well as antitrust main Margrethe Vestager. “What Google has done is illegal nether European Union antitrust rules.”
She is a fellow member of the European fly of the Trilateral Commission.
She too refuses to purpose her husband's final name. In an European Union filing she writes:
Obviously, the crony European Union doesn't get, or ignores, the pretty obvious fact that if meshing users don't similar the means Google serves upward results they tin purpose other search services.
Bottom line: You tin travel fined past times the European Union for acting similar a monopoly (when you lot are not) past times a existent monopoly (the EU).
Today’s determination is the kickoff of iii dissever advanced Google-hate investigations past times the Vestager antitrust division.It is continuing to probe Google over its Android mobile operating organization as well as its Adsense advertising service.
Google full general counsel Kent Walker said the society volition review the determination as well as reckon an appeal, adding that “we respectfully disagree alongside the conclusions announced today.”
The European Union has too initiated investigations into the revenue enhancement affairs of Fiat, Starbucks, Amazon.com as well as Apple Inc.
- RW
Sources:
The Wall Street Journal
The Financial Times
Wikipedia
The EU
The WayBack Machine
You are now reading the article The Roughshod Eu Has Fined Google $2.7 Billion with the link address https://inspirationsbymeforyou.blogspot.com/2020/06/the-roughshod-eu-has-fined-google-27.html
Title : The Roughshod Eu Has Fined Google $2.7 Billion
link : The Roughshod Eu Has Fined Google $2.7 Billion
The Roughshod Eu Has Fined Google $2.7 Billion
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| EU Enforcer Margrethe Vestager |
The European Union has fined Google a tape €2.42 billion ($2.71 billion) for favoring its ain comparison-shopping service inwards search results as well as ordered the theatre to apply the same methods to rivals as its ain when displaying their services.
“Google abused its marketplace position authorisation as a search engine past times promoting its ain comparing shopping service inwards its search results, as well as demoting those of competitors,” said the aggressive political climber, European Union enforcer as well as antitrust main Margrethe Vestager. “What Google has done is illegal nether European Union antitrust rules.”
She is a fellow member of the European fly of the Trilateral Commission.
She too refuses to purpose her husband's final name. In an European Union filing she writes:
Full name: Margrethe VestagerThe European Union too ordered Google to process contender comparison-shopping services as inwards its search results. Google has ninety days to terminate the deport as well as explicate how it volition implement the decision, or confront additional penalties of upward to 5% of average daily global revenue, the European Union said.
(Margrethe Vestager Hansen, precisely “Hansen” non inwards use)
Obviously, the crony European Union doesn't get, or ignores, the pretty obvious fact that if meshing users don't similar the means Google serves upward results they tin purpose other search services.
Bottom line: You tin travel fined past times the European Union for acting similar a monopoly (when you lot are not) past times a existent monopoly (the EU).
Today’s determination is the kickoff of iii dissever advanced Google-hate investigations past times the Vestager antitrust division.It is continuing to probe Google over its Android mobile operating organization as well as its Adsense advertising service.
Google full general counsel Kent Walker said the society volition review the determination as well as reckon an appeal, adding that “we respectfully disagree alongside the conclusions announced today.”
The European Union has too initiated investigations into the revenue enhancement affairs of Fiat, Starbucks, Amazon.com as well as Apple Inc.
- RW
Sources:
The Wall Street Journal
The Financial Times
Wikipedia
The EU
The WayBack Machine
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You are now reading the article The Roughshod Eu Has Fined Google $2.7 Billion with the link address https://inspirationsbymeforyou.blogspot.com/2020/06/the-roughshod-eu-has-fined-google-27.html