The EU Takes on Google in Landmark Case
July 31, 2017
It seems like Google is everyone’s favorite punching back, especially when it comes to anti-trust and monopolizing. Recently the EU has decided to take on the behemoth with a series of crushing fines.
One allegation is that Google is preferring its own shopping service when users search for products. The EU claims this violates antitrust laws although no such case has ever been tried.
Fortune.com explains why this is such a momentous case:
The legal battles will also provide helpful markers for the fast-moving tech industry and regulators struggling to impose old rules on new markets and dominant social platforms, said economist, Georgios Petropoulos. ‘We need some decisions on what is good and what is bad. All these will provide more clarity on how this market works,’ said Collyer Bristow lawyer, Stephen Critchley.
Surely, the US and others are keeping a close eye on how these cases unfold. Could Google, as it is known today, be forced to drastically change how they operate? What might this mean for other search engines?
Catherine Lamsfuss, July 31, 2017
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