Google could face a $9bn EU fine for rigging search results in its favour by wakeupnd

View this thread on steempeak.com
· @wakeupnd ·
$6.91
Google could face a $9bn EU fine for rigging search results in its favour
https://static.independent.co.uk/s3fs-public/styles/story_large/public/thumbnails/image/2017/03/29/10/google-porn.jpg

>EU antitrust regulators aim to slap a hefty fine on Alphabet unit Google over its shopping service before the summer break in August, two people familiar with the matter said, setting the stage for two other cases involving the US company.

>The European Commission's decision will come after a seven-year investigation into the world's most popular internet search engine was triggered by scores of complaints from both US and European rivals.

>Fines for companies found guilty of breaching EU antitrust rules can reach 10 per cent of their global turnover, which in Google's case could be about $9bn of its 2016 turnover.

I can only dream that Google will be fined 9 billion dollars from this investigation but I have a feeling it will be much less. The investigation is because of google shopping cart where it was giving it's preferred vendors better search results than non-preferred. Now this seems like a no brainier that a company would give better treatment to vendors paying for a service but apparently that's not the case in Europe. 

However, I can see why google should be more like a public utility rather than a private company because they do have a very large monopoly on the search engine business where companies can literally die overnight if google censors them. The end results of these fines concern me though. I think it might push google in a position of censoring "offensive" websites like alternative news media sites because they are trying to be more like a public utility and please the government regulators.

It will be interesting to see what comes of this fine and how google responds to it. If it's 9 billion than I think they'll be upping their censorship game.

http://www.independent.co.uk/news/business/news/google-eu-fine-search-9-billion-search-results-rigging-alphabet-shopping-service-a7768621.html
👍  , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,
properties (23)
post_id3,315,529
authorwakeupnd
permlinkgoogle-could-face-a-usd9bn-eu-fine-for-rigging-search-results-in-its-favour
categorynews
json_metadata"{"app": "steemit/0.1", "format": "markdown", "links": ["http://www.independent.co.uk/news/business/news/google-eu-fine-search-9-billion-search-results-rigging-alphabet-shopping-service-a7768621.html"], "image": ["https://static.independent.co.uk/s3fs-public/styles/story_large/public/thumbnails/image/2017/03/29/10/google-porn.jpg"], "tags": ["news", "life", "money", "politics", "technology"]}"
created2017-06-02 22:49:54
last_update2017-06-02 22:49:54
depth0
children6
net_rshares1,478,958,357,517
last_payout2017-06-09 22:49:54
cashout_time1969-12-31 23:59:59
total_payout_value5.358 SBD
curator_payout_value1.548 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length1,964
author_reputation62,293,745,530,431
root_title"Google could face a $9bn EU fine for rigging search results in its favour"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
author_curate_reward""
vote details (36)
@wakeupworldnews ·
$0.05
Imagine what else thet are rigging in their favor...dodgy
👍  
properties (23)
post_id3,315,645
authorwakeupworldnews
permlinkre-wakeupnd-201763t65442304z
categorynews
json_metadata"{"app": "esteem/1.4.5", "format": "markdown+html", "community": "esteem", "tags": "news"}"
created2017-06-02 22:54:48
last_update2017-06-02 22:54:48
depth1
children0
net_rshares16,522,015,182
last_payout2017-06-09 22:54:48
cashout_time1969-12-31 23:59:59
total_payout_value0.046 SBD
curator_payout_value0.004 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length57
author_reputation5,754,399,373,371
root_title"Google could face a $9bn EU fine for rigging search results in its favour"
beneficiaries
0.
accountesteemapp
weight500
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
author_curate_reward""
vote details (1)
@jery43 ·
$0.05
Member during the election they put conservative emails in the junk folder I member
👍  
properties (23)
post_id3,315,681
authorjery43
permlinkre-wakeupnd-google-could-face-a-usd9bn-eu-fine-for-rigging-search-results-in-its-favour-20170602t225533988z
categorynews
json_metadata"{"app": "steemit/0.1", "tags": ["news"]}"
created2017-06-02 22:55:57
last_update2017-06-02 22:55:57
depth1
children2
net_rshares16,522,015,182
last_payout2017-06-09 22:55:57
cashout_time1969-12-31 23:59:59
total_payout_value0.048 SBD
curator_payout_value0.004 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length83
author_reputation912,010,839,355
root_title"Google could face a $9bn EU fine for rigging search results in its favour"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
author_curate_reward""
vote details (1)
@wakeupnd ·
Yes they are censoring their news feeds too.
properties (22)
post_id3,316,214
authorwakeupnd
permlinkre-jery43-re-wakeupnd-google-could-face-a-usd9bn-eu-fine-for-rigging-search-results-in-its-favour-20170602t231533584z
categorynews
json_metadata"{"app": "steemit/0.1", "tags": ["news"]}"
created2017-06-02 23:15:33
last_update2017-06-02 23:15:33
depth2
children1
net_rshares0
last_payout2017-06-09 23:15:33
cashout_time1969-12-31 23:59:59
total_payout_value0.000 SBD
curator_payout_value0.000 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length44
author_reputation62,293,745,530,431
root_title"Google could face a $9bn EU fine for rigging search results in its favour"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
@jery43 ·
Yea unfortunately they are
properties (22)
post_id3,316,243
authorjery43
permlinkre-wakeupnd-re-jery43-re-wakeupnd-google-could-face-a-usd9bn-eu-fine-for-rigging-search-results-in-its-favour-20170602t231621733z
categorynews
json_metadata"{"app": "steemit/0.1", "tags": ["news"]}"
created2017-06-02 23:16:45
last_update2017-06-02 23:16:45
depth3
children0
net_rshares0
last_payout2017-06-09 23:16:45
cashout_time1969-12-31 23:59:59
total_payout_value0.000 SBD
curator_payout_value0.000 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length26
author_reputation912,010,839,355
root_title"Google could face a $9bn EU fine for rigging search results in its favour"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
@corvo ·
$0.05
Interesting stuff, 9 billion is a massive fine, even to a corporation like them.
👍  
properties (23)
post_id3,315,694
authorcorvo
permlinkre-wakeupnd-google-could-face-a-usd9bn-eu-fine-for-rigging-search-results-in-its-favour-20170602t225627681z
categorynews
json_metadata"{"app": "steemit/0.1", "tags": ["news"]}"
created2017-06-02 22:56:27
last_update2017-06-02 22:56:27
depth1
children0
net_rshares16,522,015,182
last_payout2017-06-09 22:56:27
cashout_time1969-12-31 23:59:59
total_payout_value0.048 SBD
curator_payout_value0.004 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length80
author_reputation3,106,148,552,980
root_title"Google could face a $9bn EU fine for rigging search results in its favour"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
author_curate_reward""
vote details (1)
@sift666 ·
$0.34
Maybe if they were fined 9 Trillion it might make a slight difference for a few months!
![](https://steemitimages.com/DQmQw1YkkY2bDAfiTKrZ6GQAGpsrGJve8jog8y8LLu9UgjV/image.png)
👍  , ,
properties (23)
post_id3,315,951
authorsift666
permlinkre-wakeupnd-google-could-face-a-usd9bn-eu-fine-for-rigging-search-results-in-its-favour-20170602t230542011z
categorynews
json_metadata"{"app": "steemit/0.1", "image": ["https://steemitimages.com/DQmQw1YkkY2bDAfiTKrZ6GQAGpsrGJve8jog8y8LLu9UgjV/image.png"], "tags": ["news"]}"
created2017-06-02 23:06:03
last_update2017-06-02 23:06:03
depth1
children0
net_rshares96,709,710,110
last_payout2017-06-09 23:06:03
cashout_time1969-12-31 23:59:59
total_payout_value0.296 SBD
curator_payout_value0.040 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length176
author_reputation30,902,954,325,135
root_title"Google could face a $9bn EU fine for rigging search results in its favour"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
author_curate_reward""
vote details (3)