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[ChainedMaster]

https://www.bloomberg.com/news/arti...cord-2-7-billion-eu-fine-for-skewing-searches

Google’s record-breaking 2.4 billion-euro ($2.7 billion) European Union fine could end up being just a fraction of the costs from the EU’s demand that it stop skewing search results to favor its own shopping site.

While the penalty will barely make a dent in its $90 billion cash hoard, Google faces the prospect of less ad revenue and a regulatory backlash targeting other services from maps to restaurant reviews as well as the threat of even more penalties.

The search-engine giant will have “the sword of Damocles hanging over its head,” said Jay Modrall, a lawyer for Norton Rose Fulbright in Brussels. That’s because it’s no longer Google’s choice on how it makes changes to allay EU concerns. Instead, it’s “under a legal requirement to do so and under notice that if its commitments are not sufficient, it’ll be fined even more.”

Remember when they did it for Apple?

http://fortune.com/2016/09/05/eu-apple-tax-political/

EU is literally extorting billions from US companies in the name of "it's best for the consumer". Insanity.

 

[Beardz]

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[GavinUK86]

whatdayisit.jpg

 

[Stromlord]

EU is literally extorting billions from US companies in the name of "it's best for the consumer". Insanity.

lol

 

[SkeptiMism]

Yeah this is old.

http://m.neogaf.com/showthread.php?t=1397763&page=1

And I'm sorry OP but your commentary is naive. As if EU wouldn't do anything to European companies. Also, in this case the majority of the companies complaining about Google were American.