Tuesday, April 14, 2015

A group of Google's competitors wants the US to slap Google, too

Any minute now, the EU is expected to announce that it's throwing the book against Google for anti-competitive behavior which could result in huge fines for the US internet giant, The Wall Street Journal reports. Word is, these fines could be as high as 10% of its annual revenues, which would be more than $6 billion, based on last year's data. Equally important is what kinds of remedies and restrictions the EU will place on Google's behavior, should this agreement materialize as expected. None...-> read more

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