It's supposed to be a compensation for damages to the consumers, but are the consumers ever getting any money from the fine ?
Call me back when the fines hit 25% of revenue earned. Then we'll see some changes.
This is a company that made $257 billion last year.[1] How is that penalty significant exactly? It's practically a rounding error. How does Gina Cass-Gottlieb make that statement with a straight face? I almost think these folks are more interested in putting a check in the win category in order to feather their resume than they are in trying to meaningfully deter these companies from these practices.
[1] https://abc.xyz/investor/static/pdf/2021Q4_alphabet_earnings...
In Australia, News Corp (Rubert Murdoch) dominates the media landscape.[0] They have the power to dictate who wins elections and who loses. Thus, politicians bend to News Corp will.
One of the results of this dynamic is that politicians forced Google to start paying News Corp to show news links in Google News in Australia but not anywhere else in the world.[1]
[0] https://www.abc.net.au/news/2021-04-14/fact-file-rupert-murd...
[1]https://www.theguardian.com/media/2021/feb/17/news-corp-agre...
Still wait for Google to be punished for abusing it market position to push its browser in a much worse manner than Microsoft pushed IE back in the days.
For those who are new to this game: Microsoft was basically punished for bundling a browser with their operating system.
If that was punishable (and thankfully it was), what should we say about the worlds largest advertising company pushing their browser in ad spots so valuable that no others were ever allowed to touch them (the otherwise clean front page of Google)?
And of course: with its current behavior, MS should of course be punished again for its abusive use of a dominant position when it tries to stop people from downloading other browsers and tries to prevent people from setting other browsers as default.