Germany Considers Treating Google More like a Regulated Monopoly
August 4, 2014
An article on Venturebeat is titled Germany to Google: Maybe You Should be Treated Like an Electric Company. A German governmental agency is proposing the possibility of regulating Google like they would a utilities monopoly. This continues the trend of Europe distrusting the search giant and figuring out how to regulate it. European governments are not only concerned about fair competition though. The article states,
“And European leaders increasingly understand that foreign tech companies are eating their lunch, and not with a good glass of wine in some outdoor café. A recent internal document from Deustche Telecom, for instance, reportedly acknowledged that the European information and telecommunications industry is now dominated by American and Asian firms. Additionally, the new president-elect of the European Commission has promoted home-grown European technology for the continent, with the digital economy being his chief focus.”
Only recently Germany criticized the outcome of the ECC’s inquiry into Google’s practices for being “too soft on the company.” Although Google did not offer a comment for the piece, Germany’s proposal will certainly not be welcomed by Google, a company built on variable rate pricing that is opaque. How serious Germany is about pursuing their regulations remains to be seen.
Chelsea Kerwin, August 04, 2014
Sponsored by ArnoldIT.com, developer of Augmentext
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