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Europe Accuses Google of Monopoly Abuse

bonch writes "European antitrust regulators are set to issue a 400-page statement of objections accusing Google of 'abuse of dominance' next month, the result of an investigation launched last year after complaints from rivals that Google manipulated ad pricing and barred advertisers from running ads on rival sites. If found guilty, Google could be fined up to 10% of its annual turnover, which is about $3 billion. Microsoft avoided a similar fine when it settled its European antitrust case and included a 'browser ballot' in Windows."

2 of 211 comments (clear)

  1. End Game by Totenglocke · · Score: 0, Troll

    Time to pull out of Europe. They love fining US companies to fund their bankrupt governments.

    --
    "The tree of liberty must be refreshed from time to time with the blood of patriots and tyrants." ~Thomas Jefferson
  2. Re:What, ran out of Microsoft money? by kanto · · Score: 1, Troll

    Hey, EU. You're doing something wrong if you face huge budget shortfalls if you don't get your annual big business fine every year. Fining prosperous companies should not be a major source of income for ANY government.

    That's actually funny; the US wouldn't be in such trouble if it didn't have this idea that you can't apply laws to business. The 2008 crash was completely unnecessary, but of course whatever happens now is EU's fault. Btw since you still haven't figured out it's not one big country here's the short and sweet of it: Euro-zone != EU and EU != Europe.