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Google, which is facing antitrust investigation in India by fair trade watchdog CCI, can face a penalty of up to about five billion dollars if it is found to have violated competition norms of the country.
Google said it is "extending full cooperation" to the CCI in its investigation. The conclusion of a two-year review by the US antitrust watchdog has concluded that the company's services were good for competition, it added. The case has been before the Competition Commission of India (CCI) as well for over two years now and it relates to allegations that Google is abusing its dominant position in the internet search engine space.
Google is getting the same black eye all over the world these days.
Or more likely that governments see a cash cow they can extort with legaldemain (yeah, that's a created word, fits, I think)?
Google needs to split into many companies.
The AT&T days are long gone. In today's globalized marketplace, the US needs strong players of its own, to compete against world-class competitors, or even prevent them from rising.
No, the US, like everyone else needs businesses that are strengthened by being forced to compete.
I am not aware of any restrictions in the global marketplace disallowing Google competitors from competing against them, or against Bing, Yahoo, et al.
I just don't expect the US to shoot itself in the foot any time soon, by breaking up Google or any other US corporation. Imagine the party at Yandex or Baidu in such eventuality
I am not aware of any restrictions in the global marketplace disallowing Google competitors from competing against them
The underlying issue and matter of investigation is the abuse of market power
uses their advertising profits as subsidies for activities completely outside their business area, thereby destroying whole former prospering industries
I cannot think of any Google market outside search in which the competition is being destroyed.
("[A] party may have monopoly power in a particular market, even though its market share is less than 50%.")
Predatory bidding involves a buyer of a critical input bidding up the price of that input and thereby foreclosing rival buyers from competing. In certain circumstances, a buyer might be able to drive rival purchasers from the market.
Just as consumers benefit in the short run from lower prices charged by a firm that pursues a predatory-pricing strategy, input suppliers benefit in the short run from higher prices paid for inputs by a firm that pursues a predatory-bidding strategy.
Isn't this thread about India?
This girlfriend who is extremely well connected is given powers of surveillance over the webmaster, which she abuses to harass the webmaster and make false claims of involvement in the business.