Such Nice Fellows. Such a Fine. Such a Trend Line
March 20, 2019
I read “EU Fines Google $1.7 Billion for Abusing Online Advertising.” The fine works out to about $1.7 billion US dollars. DarkCyber believes that further penalties may be forthcoming. The write up states:
It’s the third time the commission has slapped Google with an antitrust penalty, following multibillion-dollar fines resulting from separate probes into two other parts of the Silicon Valley giant’s business.
The old adage “the third time is a charm” is not applicable. The third fine simply puts a trend line in a regulator’s spreadsheet.
What adage applies? How about Willie Sutton’s apocryphal statement: “I rob banks because that’s where the money is.” Here is Harrod’s Creek people have been known to identify a piggy bank and take whatever money falls out when shaken.
Stephen E Arnold, March 20, 2019
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