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by adventured 2887 days ago
Particularly with a 20%+ growth rate and their pile of cash. An annual $5 billion EU envy tax is already meaningless. The EU can't stop the US tech machine from continuing to expand, it's already too late. While they focus on fines and hold a defensive posture, the US companies are consuming the planet ex China.
2 comments

It's still very possible for nations to block out companies. China does it with great succes and as a result they have created their own safe hatchery for applications and hardware to grow strong before jumping into the global market, which is just 6x bigger anyway...
The EU will def not sit idly by and hand out 4 billion € fines if it doesn't hurt, the current one was only about 40% of the legal maximum they could have handed out (ie, about 10 billion €), and if Google doesn't play ball they'll get out the big toys.