Forum Moderators: goodroi
EU Considers Resolutions To Split Up Google's Operations
The European Parliament is preparing a non-binding resolution that proposes splitting Google Inc's (GOOGL.O) search engine operations in Europe from the rest of its business as one possible option to rein in the Internet company’s dominance in the search market.EU Considers Resolutions To Split Up Google's Operations [reuters.com]
The draft motion does not mention Google or any specific search engine, though Google is by far the dominant provider of such services in Europe with an estimated 90 percent market share. Earlier on Friday, the Financial Times described a draft motion as calling for a break-up of Google.
This is a bit like the U.S. Congress passing a resolution calling for the breakup of [Insert name of European company]. It's political grandstanding, since--as the Reuters said--it's "non-binding."
wow does that include Youtube I wonder
In our one part of our niche we have a nearly 80% control by US subsidiaries, in fact if they take over another company they will trigger an investigation. We have just 2 independent companies left, except a few small regional ones.
This is the real background to the investigation, re-inforced by Germany and France.
Europe were the ones that tore Microsoft apart in the end
It would be be interesting to see how many EU people use google.com
European antitrust regulators on February 27, 2008 fined Microsoft $1.3 billion for failing to comply with a 2004 judgment, that the company had abused its market dominance. The new fine by the European Commission was the largest it has ever imposed on an individual company, and brings the total in fines imposed on Microsoft to about $US 2.5 billion, at current exchange rates.
The idea is that their recommendation would put pressure on the European Commission, a separate body...that does have some teeth
One does have to wonder why, with a population of half a billion, the EU hasn't been able to field a competitive search engine. Surely all the innovative people in search can't be in Silicon Valley, Russia, or China?
The US Mission to the European Union responded to news of a draft proposal by the European Parliament calling for an "unbundling" of Google's businesses with a disapproving tone. US expresses 'concern' over EU proposal to break up Google [cnet.com]
Many Europeans think very bad about the EU, the commisars and the EU mad EU parliament.
And, this is far from being a frivolous issue. There is broad consent in the EU, and individual EU countries, that Google is a major issue, including commerce and security (spying, privacy, etc.).concerned about Google, and other global mega-corps involved in the "net" ( both those based outside and inside the EU ) and would like them "reining in"..and Europeans know that the USA is not going to do so..