According to The Wall Street Journal:
The European Union's antitrust regulator on Tuesday fined Alphabet Inc.'s Google a record €2.42 billion ($2.71 billion) for favoring its own comparison-shopping service in search results and ordered the search giant to apply the same methods to rivals as its own when displaying their services.
[...] If the ruling sets a precedent that holds, these firms might all have to rethink how they make products that—like Google's search engine—have become more than just tools, but dominant gateways to the wider internet.
From The New York Times:
While the fine will garner attention, the focus will most likely shift quickly to the changes that Google will have to make to comply with the antitrust decision, potentially leaving it vulnerable to regular monitoring of its closely guarded search algorithm.
CNBC adds that, based on a filing, Google expects to ultimately pay this fine.
(Score: 0) by Anonymous Coward on Wednesday June 28 2017, @02:02PM (2 children)
Doubt he knows the difference tbqh. All money earned by a corporation is equally evil capitalist money.
(Score: 0) by Anonymous Coward on Wednesday June 28 2017, @10:48PM (1 child)
In b4 not if it's an employee owned co-op.
(Score: 0) by Anonymous Coward on Thursday June 29 2017, @09:49AM
Employee-owned==ESOP; Capitalist
Worker-owned==cooperative; Socialist
You have the attention span of a gnat.
-- OriginalOwner_ [soylentnews.org]