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Google's European antitrust settlement is abandoned

     
9:01 pm on Sep 10, 2014 (gmt 0)

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The strange deal hammered out with Almunia has been abandoned and a new competition commissioner will be taking it over soon. She is likely to be Danish politician Margrethe Vestager and she has a reputation of being no pushover.

[theguardian.com ]
10:49 am on Sept 11, 2014 (gmt 0)

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The deal is canned, but the Commission is has not given up on the issue.
4:47 am on Sept 14, 2014 (gmt 0)

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Almunia's financial records should be monitored for the next decade. His hammering out such a sweet deal for Google left many with the impression he was paid off.
11:46 am on Sept 14, 2014 (gmt 0)

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Almunia's financial records should be monitored for the next decade. His hammering out such a sweet deal for Google left many with the impression he was paid off.


I couldn't possibly comment. 'Bizarre' would be a fair description of it.
2:47 pm on Sept 14, 2014 (gmt 0)

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To me, the strangest thing about the whole mess is the EU's willingness to let big-money lobbyists from Microsoft, Oracle, etc. have so much influence over the terms of the settlement. The interests of consumers (a.k.a. citizens of the EU) seem to have been ignored.
7:28 pm on Sept 14, 2014 (gmt 0)

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The interests of consumers (a.k.a. citizens of the EU) seem to have been ignored.


It is in the interests of consumers that no one company abuses a monopoly position, thus squeezing out competition. For once these big corporations are acting for the benefit of consumers in opposing what some people describe as a disgraceful carve-up, but the rest of us, of course, consider to be a properly conducted negotiated proposed settlement. No doubt whatsoever about it and perish the thought.

Whether the said big corporations are altruistically working solely for the public good is a different matter.