Commission fines Google €890 million for breaches of the Digital Markets Act
ec.europa.eu
Today, the European Commission took two decisions finding non-compliance by Google with the Digital Markets Act (DMA) for self-preferencing its own services on Google Search, and for putting in place restrictions on businesses to direct consumers to alternative, often cheaper, purchase channels on Google Play (steering). In this regard, the Commission issued Google a fine of €460 million and a fine of €430 million respectively.
  • SW42@lemmy.worldEnglish
    11·
    2 months ago

    Cost of doing business. Such fines should be percentages after a flat part, otherwise it has virtually no corrective effect. If by the comp breach they gained 1.5 billion, it was totally worth it.

    • WhatAmLemmy@lemmy.worldEnglish
      6·
      2 months ago

      You don’t understand. Most of the worlds retirement accounts are heavily invested in these too-big-to-fail corporations. The worlds richest upper percentiles are directly tied to the profitability of the richest thousand corporations. If we start holding these criminals accountable for their crimes, that means less money for you and all the “uncle toms” that help perpetuate the late stage capitalist oligarchy. We couldn’t have that now, could we? Remember how much you like money? How much you like products? Who needs ethics or morality when you have money?