Tuesday, June 27, 2017

EU Fines Google

The European Union’s antitrust regulator on Tuesday fined Alphabet Inc.’s Google a record €2.42 billion ($2.71 billion) for favoring its own comparison-shopping service in search results and ordered the search giant to apply the same methods to rivals as its own when displaying their services.

The decision, if it is upheld, would force Google to reshape the way it presents search results for products in Europe, the latest move by Brussels to rein in the tech world. The decision could also have further-reaching implications for other Google products and services - as well as those from competitors.

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I would not mind if all of Alphabet was broken up and its assets confiscated. I can live without this blog, but the world cannot continue to survive if Apple, Facebook, Google, etc. are not reined in.

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