Thursday, February 15, 2018

A $2.1BILLION SHOT TO GOOGLE'S GONADS

  Google was guilty. The European Commissioner for Competition, Margrethe Vestager, made that brutally clear. “Google abused its market dominance,” Vestager declared as she announced her judgement in Brussels on June 27, 2017. She handed Google a £2.1 billion fine – the largest antitrust penalty ever handed to a single company, and gave it 90 days to change its ways.
   Watching the livestream 500 metres away in the Thon Hotel EU, Adam and Shivaun Raff shared a smile of relief. It had been 11 gruelling years since they realised Google was deliberately demoting their price comparison website, Foundem, in search results. Eight years since they brought their complaint to the European Commission, becoming the first plaintiffs in the case against the search firm (others include Yelp, Expedia and Deutsche Telecom.) Now, at long last, they had justice.
  Grab a coffee.


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