|
|
|
|
|
by wutbrodo
4342 days ago
|
|
Unfortunately, when the government steps in (as they have in Europe multiple times), it ends up not being "unwise" at all for the instigators. Something similar happened with French newspapers: "Pay us for indexing our sites!" "We don't want to engage in that transaction on those terms; if you wish, we will stop indexing your sites" Then the French gov't steps in and effectively legislates that Google is legally obligated to engage in a transaction on the terms of the other party (and pulling out of the transaction is not an option). As I recall, the end result of this extortion was Google paying ~$70 million in what was effectively a protection racket (where the nominal purpose was to set up a fund to help French newspapers enter the digital age). |
|
The bottom line is that Google would rather do business than not, and £52m is not a painful expense for them here. I'm pretty sure that no European court could rule a company was obliged to engage in a transaction against its will, and would be unable to enforce this. Google have shown with China that they are willing to drop a nation if the terms offered are too onerous. They're not a public utility.