chobeat@lemmy.ml to Technology@lemmy.worldEnglish · 20 hours agoGoogle fined EUR 3 billion by EU for blocking competition in online ad saleswww.telecompaper.comexternal-linkmessage-square11fedilinkarrow-up1231arrow-down11
arrow-up1230arrow-down1external-linkGoogle fined EUR 3 billion by EU for blocking competition in online ad saleswww.telecompaper.comchobeat@lemmy.ml to Technology@lemmy.worldEnglish · 20 hours agomessage-square11fedilink
minus-squareSquizzy@lemmy.worldlinkfedilinkEnglisharrow-up1·8 hours agoMy point was it isnt a cost of doing business, if your costs are more than your earnings then it is just bad business. We dont have a view of how much profit this infraction earned them but I would have a hard time believing it approached 2.5% of their global profit. Any bean counter is going to love pointing out a fuck up of someone else that they can take credit for remedying.
minus-squareJohnEdwa@sopuli.xyzlinkfedilinkEnglisharrow-up2·edit-27 hours agoYou don’t believe that the anticompetitive ad stuff Google has been doing for 11 years approached 2.5% of their one year profit?
My point was it isnt a cost of doing business, if your costs are more than your earnings then it is just bad business.
We dont have a view of how much profit this infraction earned them but I would have a hard time believing it approached 2.5% of their global profit.
Any bean counter is going to love pointing out a fuck up of someone else that they can take credit for remedying.
You don’t believe that the anticompetitive ad stuff Google has been doing for 11 years approached 2.5% of their one year profit?