The EU has a Budget Shortfall again so they just Fine a company ,LOL
Our wonderful allies.
So, they don’t have iPhones in Europe?
Google need to tell them to stuff it.
Block Google...and Android.. from Europe. Next day...fine rescinded.
Google getting bit by the socialism it supports.
The EU overreached here. But Google is evil. Who do I favor, a big government fascist ruling that says “you can own your company but we will run it” or the evil corporate empire that’s working hard to censor people?
This was just governmental theft, pure and simple.
American Thinker, showing no understanding of anti-trust, writes an article.
Google is indeed an illegal monopoly. And now they are diving into politics. Many of their behaviors trip the legal definition of a monopoly.
I hold zero loyalty to that company that works as hard as it can to hurt conservatives.
“A monopoly is when a company has exclusive control over a good or service in a particular market. Not all monopolies are illegal; for example, businesses that produce a superior product or are well managed may disadvantage their competitors while not violating antitrust law.
Monopolies are illegal if they are established or maintained through improper conduct, such as exclusionary or predatory acts. This is known as anticompetitive monopolization.
How Illegal Monopolies Are Formed
Here are some examples of how illegal monopolies are formed:
Price Fixing: competitors agree to buy or sell products or services at a fixed price or rate
Price Discrimination: selling similar goods to buyers at different prices
Exclusive Dealings: requiring a buyer or seller to do buy or sell all or most of a certain product from a single supplier
Group Boycotts: competitors agree to boycott a certain entity
Tying Contract: selling a product or service on the condition that the buyer agrees to also buy a different product or service”
And the biggest most brazen illegal monopoly is OPEC. They literally engage in price fixing among various producers, etc.
But we will never spank our camel jockey friends.
bmp
I’m typing this on an Android device, but I’m not using the Chrome browser, nor is Google set as its default search engine.
Surely, Europeans are doing the same, all over the continent, so what is this? A New World Order shakedown?
“...and ordered the company to alter its practices...”
Google’s reply...
“OK Mr. Eu...we will no longer sell Androids, nor offer Android support in Europe. We’ve made more than enough money there. We’re outta the EU. Now, there ...how’s that for altering our practices?”
The EU politicians will divvy up the pirate treasure among themselves to their own bank accounts.