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Wednesday, July 18, 2018

Breaking News: Google was hit with a record $5.1 billion fine by European antitrust officials, their latest move to rein in American tech companies

Google was hit with a $5.1 billion fine by European antitrust officials for abusing its power in the smartphone market.

The decision on Wednesday underlined how European authorities are aggressively pushing for stronger regulation of the digital economy.

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Google was hit with a $5.1 billion fine by European antitrust officials for abusing its power in the smartphone market.

The decision on Wednesday underlined how European authorities are aggressively pushing for stronger regulation of the digital economy.Read More »

6 comments:

Anonymous said...

I don't agree with the European laws on this. It's all Google's products. They going to ban McDonald's from selling McDonald's brand products in European stores in favor of other companies coffees and sandwiches also. It just doesn't make sense.

Anonymous said...

google responds by shutting down all european phones, and google based internet activity.............

Anonymous said...

7:52 That will certainly help their bottom line and stock price, NOT.

Anonymous said...

8:45 it would when the people told thier government to stop acting like idiots.

Anonymous said...

Now if they can just COLLECT it....

Anonymous said...

5% of annual revenue. It's a hit but not a huge one. DP&L has raised rates more than 5%.