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The EU's biggest fines on tech companies

47 pointsby AnatMl2almost 7 years ago

6 comments

growlistalmost 7 years ago
I find it a bit strange that these issues arouse such strong feelings of patriotism in some posters - to take the example of Apple, weren&#x27;t they keeping billions of dollars offshore to avoid US taxes, and isn&#x27;t that a thoroughly unpatriotic act? You could argue US consumers also benefit from many of these rulings.<p>Also if I were to indulge in a little whataboutism I would point out that many accuse the US of far worse in exploiting vulnerable debtor countries through the World Bank and IMF; the idea of the poor, defencelessness US megacorp at the mercy of the villanous EU is risible.
tristoalmost 7 years ago
Would it be cheaper for those companies to walk away from european market?
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NeedMoreTeaalmost 7 years ago
All the highlighted cases seem entirely reasonable uses of regulation to me.<p>Do we want companies to be free to take payments from Intel to not use AMD, or run a cartel?
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c3534lalmost 7 years ago
Amazing that the EU is able to levy multi-billion dollar fines basically for attempting to monetize a free operating system, whereas in the US and Britain, felony conspiracies, price-fixing, and fraud get milquetoast slaps on the wrist.
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hartatoralmost 7 years ago
These kind of regulations is just another form of protectionism.<p>Is any make the life of Europeans easier? I don’t think so. It did kill any risks of having a real EU startup ecosystem despite being the first economy zone in the world.
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andromedaworldalmost 7 years ago
&gt; fined a record €2.4 billion ($2.7 billion) for using its search engine to steer internet users towards its own shopping platform<p>The EU is totally bonkers!!! And these fines are largely uncalled for. It&#x27;s their site; why shouldn&#x27;t a business up-sell to their customers? I know plenty of people who do it all the time. That&#x27;s part of the point of being in business. If a user doesn&#x27;t want to buy from Google, simply don&#x27;t click the buy button.
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