Posted on 07/24/2018 2:19:52 PM PDT by spintreebob
"One of the unintentional consequences of GDPR is the strengthening of the duopoly," said Gil Elbaz, a former Google executive who now runs the marketing firm Factual. "If Google continues to go unchecked, their dominance will be extreme."
Google is still raking in marketing dollars from advertisers, propelling the online search giant to another strong quarter in the face of costly regulatory trouble in Europe.
Parent company Alphabet reported second-quarter revenue, minus partner payouts, of $26.24 billion during the second quarter. Google's advertising business grew 24 percent. Chief Financial Officer Ruth Porat said most of that came from mobile and automated ads.
Google also shrugged off the General Data Protection Regulation, a European privacy law that started in May and limits targeted advertising.
Similarly, analysts don't expect EU antitrust probes to force changes that significantly dent Google earnings.
(Excerpt) Read more at adage.com ...
Maybe along with repealing the law of supply and demand we should outlaw unintended consequences.
The EU fighting Google?
Can we get them to use ground attack aircraft and artillery instead of courts and lawyers please?
We can lease weapons to both sides.
Since google whole heartedly supported so called “net neutrality”and lobbied for that I really skinny that it would have had amy effect on restraining google.
stupid autocorrect DOUBT not “skinny”. Sometimes I hate this phone.
The EU uses American high tech high flying companies as their piñatas.
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