Slashdot Mirror

← Back to Stories (view on slashdot.org)

Google Challenges Record EU Antitrust Fine in Court (reuters.com)

Posted by msmash on from the fighting-back dept.

Google appealed on Monday against a record 2.4-billion-euro ($2.9 billion) EU antitrust fine, with its chances of success boosted by Intel's partial victory last week against another EU sanction. From a report: The world's most popular Internet search engine, a unit of the U.S. firm Alphabet, launched its appeal two months after it was fined by the European Commission for abusing its dominance in Europe by giving prominent placement in searches to its comparison shopping service and demoting rival offerings.

10 of 52 comments (clear)

  1. Good to see that fines are getting realistic by jenningsthecat · · Score: 5, Insightful

    Even Google can't dismiss a fine of almost 3 billion dollars as a mere cost of doing business. Penalties for corporate abuses need to be truly painful if they're to serve as deterrents.

    --
    'The Economy' is a giant Ponzi scheme whose most pitiable suckers are the youngest among us and the yet-unborn.
    1. Re:Good to see that fines are getting realistic by WindBourne · · Score: 3, Insightful

      if they really are abusing their status, which I do not think that they did. Of course, with the current CEO, who knows. Pichai is a fuucking idiot and has turned Google into the next Microsoft.

      --
      I prefer the "u" in honour as it seems to be missing these days.
  2. It seems a little low by Anonymous Coward · · Score: 3, Insightful

    Let's hope the appeal will double the fine.

    1. Re:It seems a little low by colonslash · · Score: 3, Interesting

      Yes, they can be easily replaced, which means they shouldn't be fined - with low barriers to entry we don't need market interference.

    2. Re:It seems a little low by thegarbz · · Score: 3, Insightful

      Yes, they can be easily replaced

      Yeah that's why all it's competitors had such a roaring success even with one company putting $5.5 billion into attempting to replace them.

      with low barriers to entry

      Yeah all you need to do is start and internet and mobile phone company with complete vertical integration and 100s of millions of customers world wide all promoting your search function over the competitors. Eeeeeeeeeaasy.

  3. Re:$2.9 BILLION!! by tbuddy · · Score: 4, Funny

    I Altavista'd this and can confirm it.

  4. Re:I want a price comparison site in my Google res by Kenja · · Score: 2

    How many people said they only wanted to see results from companies that paid Google to be placed there?

    --

    "Have you ever thought about just turning off the TV, sitting down with your kids, and hitting them?"
  5. Re:What if Google doesn't pay? by TheRaven64 · · Score: 5, Insightful

    They could repossess the nice big buildings that Google owns in the middle of London, Paris, Dublin, Munich, and so on.. They could confiscate all of the advertising revenue that flows from EU companies to Google via EU banks. They could confiscate all revenue that flows through EU payment processors to the Google Play store. They could prevent mobile phones sold in the EU from including Google apps.

    --
    I am TheRaven on Soylent News
  6. Re:I want a price comparison site in my Google res by colonslash · · Score: 2

    I want a price comparison site in my Google results. I do. When I'm looking for a moderate to major purchase, it's convenient and helpful. I don't want to figure out, and keep up to date on, which shopping site has good results for one product or another - I want a unified search that gives me good results.

  7. Re:Europe trying to make money by Anonymous Coward · · Score: 2, Informative

    Europe is simply trying to go after foreign companies to make money from, rather than tax their own.

    The overwhelming majority of companies that have been fined in Europe are European. They may not all make the frontpage of slashdot because most aren't IT companies, but that doesn't mean that it didn't happen.