March 26, 2018 at 11:25 am #2596
Google which controls 91.5% of the search engine market share in Europe could finally gets what is coming to them for abusing their monopoly at the expense of consumers and small businesses.
European Commissioner for Competition Margrethe Vestager has suggested that Google could be broken up into smaller companies as suspicions grow that its dominance of the online sphere is harming competition.
Last year, the European Union hit Google with a colossal fine £2.1 billion for exploiting its dominant position to promote its own shopping comparison services whilst censoring competitors.
At the time, Vestager said that it was a “good thing” that “Google has come up with many innovative products and services that have made a difference to our lives”.
But also warned that Google was abusing its position saying “Google abused its market dominance as a search engine by promoting its own comparison shopping service in its search results, and demoting those of competitors,”.
Unrepentant Google refuses to even acknowledged that they are doing anything wrong or have abused their monopoly and have appealed the fine and it must have been this that has led to Margrethe Vestager deciding that more needs to be done to stop Googles dominance.
March 26, 2018 at 12:30 pm #2598
The EU aint all bad I guess 😀
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