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Europe |
EU charges Google with market abuse |
2015-04-17 |
![]() Build a better mousetrap and the world will regard you as a cash cow. On the first count, the Commission said it had sent a formal "Statement of Objections" to Google, charging it with "systematically favoring its own comparison shopping product in its general search results pages." "The Commission's preliminary view is that such conduct infringes EU anti-trust rules because it stifles competition and harms consumers." If found at fault under EU anti-trust rules, a company faces a fine of up to 10 percent of its annual sales -- in Google's case, $66 billion in 2014. |
Posted by:Fred |
#3 Ah wat the bloody hell. Here's some Kosher trivia and real gasoline for the fire: Eugene Kleiner was one of the first venture capital investors in Google. |
Posted by: Besoeker 2015-04-17 16:10 |
#2 Usual socialist hatred of success. However, Google has given up "Do No Evil", so pass the popcorn. |
Posted by: Procopius2k 2015-04-17 16:04 |
#1 Guilty of being an American Internet company? |
Posted by: g(r)omgoru 2015-04-17 02:31 |