Google Poised To Settle EU Anti-Trust Probe
Rambo Tribble writes "Reuters is reporting that concessions by the Internet giant have paved the way for a resolution to the long-standing European Union investigation into Google's alleged anti-competitive practices. From the article: 'A settlement with the European Union's regulator would mean that Google, the world's biggest internet search engine, would escape a possible fine of as much as $5 billion or 10 percent of its 2012 revenue. Such an outcome would mirror the company's success in the United States last year where it received only a mild reprimand from the Federal Trade Commission, which said Google had not manipulated its website results following a 19-month investigation.'"
Clearly Google should get into a less risky business, like laundering money for drug cartels, if they are facing potential penalties of that magnitude...
I wonder what that Yahoo boss thinks of Google, now that she's out of there.
One thing I can guarantee: This [settlement] won't be enough for Microsoft and its ilk.
It's impossible to manipulate what is already being manipulated.
The EU should increase funding of research into open search technologies.
It is unacceptable that the world's searching and data-mining technology is for the better part originating from one country.
(Yes, this means more projects like http://en.wikipedia.org/wiki/Q...)
I'm still waiting for a P2P search engine that is efficient, secure, and returns useful results.
If Pandora's box is destined to be opened, *I* want to be the one to open it.
For my part, I'm really tired of this Euro-trash attempting to wring billions of dollars out of American companies just because they can. Google, Microsoft, etc. should just pull out of there, and let them fend for themselves if they're going to get stolen from by corrupt governments looking for a quick buck.