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  • Topic: EU Ruling. Stupid ?????

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    • July 2, 2017 2:12 PM BST
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      Google suffered a major blow on Tuesday after European antitrust officials fined the search giant a record $2.7 billion for unfairly favoring some of its own services over those of rivals.

      The penalty, of 2.4 billion euros, highlights the aggressive stance that European officials have taken in regulating many of the world’s largest technology companies, going significantly further than their American counterparts.

      By levying the fine against Google — more than double the previous largest penalty in this type of antitrust case — Margrethe Vestager, the European Union’s antitrust chief, also laid claim to being the Western world’s most active regulator of digital services, an industry still dominated by Silicon Valley.

      “In Europe, companies must compete on the merits regardless if they are European or not,” she said on Tuesday. “What Google has done is illegal under E.U. antitrust rules.”

       

      Crissie says

      Does that mean Sainsburys and Tesco's, Aldi must advertise each others businesses?   must the local corner shop be forced to tell customers that a carton of milk is cheaper 3 miles away at the superstore.

       

      This all stems from Google heading up their own web pages with their own adverts.      WTF

      Does a local plumber who advertises his own skills have to pay extra advertising space to mention every other plumber in the EU ???    

      The EU continues to try and rule the world through it's own ludicrous aims and resolutions.

      This post was edited by Cristine, Shye BL at July 2, 2017 2:14 PM BST
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      Cristine Jennifer Shye B.acc. BL (GS Admin) Tongue out

    • July 2, 2017 8:38 PM BST
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      The danger in allowing Google to be both the portal to the internet, which ought to be neutral and fair, and also being a profit center for their ad revenues is in the perceived conflict of interest.  So from the EU perspective, you can see why they are doing what they did.  In sports, it is called "house rules" where the "game" is manipulated to achieve desired results.  This means it is not fair and neutral at all but rather like a Euro football match where one team is playing on the road, has two players red carded, and a ref who spots "fouls" whenever it is convenient to get a call.  In Google's case, their supposed "search results" usually lead to a prominent placement that remarkably are tied to their businesses.  

      The danger in this for all of the world becomes the obvious potential for total manipulation of the population based on the agenda of whoever controls the internet.  One could literally rewrite history...

       

      1984

       

      Traci xoxo

    • July 2, 2017 11:50 PM BST
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      I take your point, but in the main people/companies that advertise with Google pay  for their advertising even if it is under the heading of Google. who obviously advertise themselves as purveyour of information relating to sales.    A similie would be Sainsburys advertising a brand of washing powder, knowing that the interest is profit based, leading brand equall maximum profit for that particular item.   Google do not necessarily own the companies that place the adverts, Google is now owned by Alphabet and will be reporting and trading in that name, but still in the group of companies owned by Google, traded seperately on the stock market as Alphabet.   A major share holder is the Chinese information bureau.   Oh and they have a spare 35 Billion cash in the bank to play with.   They could be considered morally corupt, but I do not think what they are doing is illegal.    Worldwide they provide thousands of jobs, which in turn help those countries ecomomies in what the labour force spends and the personal tax they pay to their governments on what they earn,   The British allready complain about the ammount of corporation tax they pay, but they do pay any Value added tax due in the countries they operate in.   Millions of people use Google Crome, YouTube and other internet facilities they provide, free.

      In Europe for instance, the UK in particular public transport is owned by private companies by area, the government do not allow other firms to operate in those areas in the main, so there is no competition, so if you need to travel you pay what ever is demanded It is a hostage related market for people who need to travel to work does the EU monopolies commisions make that illegal, of course not, the governments make corporation tax prfits from them, it is only because google use legal tax avoidance systems that upset the powers that be, like Cameron who inherited money using the same methods, did he volountarily offer to pay tax fue, no he complained about google and other si,milar companies that use legal tax avoidance systems which EU ministers and rich people use all the time.

      Google is probably worth more in assets and cash than some countries, and if they took a country to court, that country would probably go bankrupt over litigation costs on appeal.

       

       

      Invest Buy a few shares in Google lol

      This post was edited by Cristine, Shye BL at July 4, 2017 9:13 PM BST
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      Cristine Jennifer Shye B.acc. BL (GS Admin) Tongue out

    • July 4, 2017 9:13 PM BST
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      ...and Amazon!

      xoxo

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