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by oblio 3 days ago
The EU shouldn't be regulating Google like this.

The US should.

5 comments

The DOJ brought an antitrust case against Google… and won.

Then the judge pretty much decided “no consequences”.

It was the lamest excuse ever.

Something like, "I'm worried about impairing Google's ability to compete in AI" or some nonsense. (Paraphrasing here.)

Looks like all it takes to compete in AI is to issue stock or get a bunch of investors. I don't see how Google would struggle with that. It's completely orthogonal to antitrust enforcement.

Actually, the EU should very much crack down on any foreign company that abuses its market position to stifle local business competition. There's no good reason to allow them to break local laws and diminish the local economy just because they keep their headquarters outside the EU.
Why not both? Countries should be able to signal which business practices are undesirable.
The EU can't realistically bring Google to its knees. The US could.

I say that as a European that's very much in favor of government intervention to fix market distortions.

Yes, laws are laws but one affects a branch, the other a root.
Cut off enough branches and the roots die.
The EU absolutely should be regulating companies that operate in her jurisdiction. Google is free to pursue other markets.
Hopeless. US already lost against corps. And that will be their downfall.