After 7 years, Google has lost its antitrust fight in the EU over Search, with a $2.7 billion fine on the table.

  • juliebean@lemm.ee
    link
    fedilink
    arrow-up
    6
    ·
    1 month ago

    does that kind of a fine, after delaying payment for 7 years, even matter to a giant like google?

    • MTK@lemmy.world
      link
      fedilink
      arrow-up
      6
      ·
      30 days ago

      Yes, but not really.

      Google’s market cap is at 1.8 trillion.

      This would like an average person getting a 100 dollar fine maybe. Which sounds like nothing, and it kind of is, but also even though the market cap is that high, 2.7 billion is still a big number that would cause issues with investors, board members, etc.

      But really, not that big of a deal for google IMO.