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Old 07-18-2018, 08:22 AM
 
Location: Pyongjang
5,701 posts, read 3,223,098 times
Reputation: 3925

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I actually support the EU here and how they take antitrust seriously (OMG, traitor!). They do seem to target American companies with these huge record fines, though. It's good to see it's usually the liberal ones that get hit though lol.
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Old 07-18-2018, 09:15 AM
 
Location: Stasis
15,823 posts, read 12,467,310 times
Reputation: 8599
"European Union regulators have slapped Alphabet-owned Google with a record 4.34 billion euro ($5 billion) antitrust fine for abusing the dominance of its Android mobile operating system, which is by far the most popular smartphone OS in the world.

Google said in a statement that it would appeal the ruling, arguing against the EU's view that its software is restrictive of fair competition.

European officials say Google's parent company has unfairly favored its own services by forcing smartphone makers to pre-install Google apps Chrome and Search in a bundle with its app store, Play. It also said Google violated competition rules by paying phone makers to exclusively pre-install Google search on their devices and preventing them from selling phones that run other modified, or "forked," versions of Android."
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Old 07-18-2018, 09:16 AM
 
19,844 posts, read 12,106,658 times
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Good!
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Old 07-18-2018, 11:38 AM
 
2,830 posts, read 2,504,023 times
Reputation: 2737
Excessive lawsuit, IMO -- nearly 50% of Google's entire net profit. Sounds like a money grab to me.

The EU is already milking the US when it comes to trade and NATO/defense spending, and this sort of thing just fans the flames.
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Old 07-18-2018, 11:51 AM
 
602 posts, read 496,123 times
Reputation: 814
Quote:
Originally Posted by mightleavenyc View Post
I actually support the EU here and how they take antitrust seriously (OMG, traitor!). They do seem to target American companies with these huge record fines, though. It's good to see it's usually the liberal ones that get hit though lol.
The EU does not target US companies as EU has imposed more fines on European companies than American so far. Huge fines like this gets extra attention, though.
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Old 07-18-2018, 12:39 PM
 
78,429 posts, read 60,613,724 times
Reputation: 49728
Quote:
Originally Posted by TheDentist View Post
The EU does not target US companies as EU has imposed more fines on European companies than American so far. Huge fines like this gets extra attention, though.
Yep. It makes American news because it's a US company and a big fine.

Thus creating a perception bias since they don't report every event.

All truthful reporting but by selecting some stories to promote and others not, can create a perception different than the core reality.

A really important lesson to understand these days when watching the news.
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Old 07-18-2018, 02:35 PM
 
2,830 posts, read 2,504,023 times
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Quote:
Originally Posted by TheDentist View Post
The EU does not target US companies as EU has imposed more fines on European companies than American so far. Huge fines like this gets extra attention, though.
I beg to differ. The EU has a history of targeting US companies, tech companies especially.

https://www.theguardian.com/world/20...taxes-treasury

https://www.cnbc.com/2016/02/24/eu-h...ommentary.html

https://money.cnn.com/2018/07/18/tec...ech/index.html
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Old 07-18-2018, 02:42 PM
 
13,961 posts, read 5,628,343 times
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Google is embedded deep inside the Beltway, and has big friends in high places. methinks the EU will end up pounding sand on this.
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Old 07-18-2018, 02:54 PM
 
41,813 posts, read 51,059,937 times
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Quote:
Originally Posted by katzpaw View Post
...and preventing them from selling phones that run other modified, or "forked," versions of Android."

Google developed it and released it as open source, I guess the option here is for them to never release any software as open source in the future to prevent having to compete against themselves.
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