Google starts first of 3 legal battles against $9 billion in EU fines - Business Insider

Google says the EU's policy of imposing large fines over antitrust concerns threatens internet innovation, as it starts a legal challenge against the first of three fines which total more than $9 billion.

The US tech giant is currently contesting a €2.4 billion fine handed to it by the EU in 2017 for alleged anticompetitive practices concerning its Google Shopping price comparison service. It has received two other huge fines from the EU since then for $5 billion and $1.7 billion, both on antitrust grounds.

According to Bloomberg, Google's lawyer Thomas Graf told the EU's General Court Wednesday that Google "would have had no other option but to abandon its innovative technologies and its improved designs" had a similar fine been imposed on it in a decade earlier.A mammoth legal battle between Google and the EU has just begun – and Google has wasted no time marshaling its arguments.

Google says the EU's policy of imposing large fines over antitrust concerns threatens internet innovation, as it starts the first of three legal challenges against a total of $9 billion in EU fines.for allegedly abusing its dominance as a search engine to give an unfair advantage to its own shopping comparison service.

Google thinks it is a future governing body. Tell them to f***-off. Terrorism will not be tolerated by companies THAT empowered. Not going to happen.

I think Google threatens internet innovation because it only favors them and the shareholders and screws everyone else. The internet was meant to a peer to peer system.. but capitalism and corporatism effed us on that one.

I think google honestly believes it’s going to be able to blackmail people legally, in just a matter of years. That is my 100% opinion. YouTube is a great product, but I’d dump almost all the rest and vacuum the archives or material artifacts. But they need to eat a d***.

9 billion would make an impact on balance sheets. I’m sure they’ll fight it hard

المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

Zuckerberg to meet EU antitrust, industry chiefs Feb. 17: EU officials - Business InsiderFacebook CEO Mark Zuckerberg is meeting with European regulators on next week, days before commissioners present proposals to rein in US tech giants.
مصدر: BusinessInsider - 🏆 729. / 51 اقرأ أكثر »

FTC looking at past acquisitions by Amazon, Facebook, Google, others - Business InsiderThe FTC is looking into past acquisitions by Amazon, Apple, Facebook, Microsoft, and Google-parent Alphabet as it ramps up antitrust inquiries nothing will come up it, and in the end, after all the appeals by the business, only a low-level nobody will be accused. All of them should pay me. My e-commerce was not for free. Do not get comfy with that, unless you pay. With social network too Got rich because of some spying. Should pay for that.
مصدر: BusinessInsider - 🏆 729. / 51 اقرأ أكثر »

Google Cloud CEO Thomas Kurian lays out plan to take on AWS, Microsoft - Business InsiderGoogle Cloud CEO Thomas Kurian lays out his master plan for taking on Amazon and Microsoft and says deals over $50 million have more than doubled in 2019 Awesome minimal business card for buyer fiverr If you like to get one for you - techinsider Google needs to be competitive in cloud to grow their business model into the future, as opposed to just selling ads. CSDTGLOBAL
مصدر: BusinessInsider - 🏆 729. / 51 اقرأ أكثر »

Google Health, the company's newest product area, has ballooned to more than 500 employeesGoogle Health now has 500 to 1,000 employees, and it's the newest product area at the company since hardware.
مصدر: CNBC - 🏆 12. / 72 اقرأ أكثر »