Swedish court says Google is to pay $1.5B to Klarna in antitrust damages
1–10 of 135 posts
Re: Swedish court says Google is to pay $1.5B to Klarna in antitrust damages
#2$1.5B is significant, but the bigger question is whether this actually changes how dominant platforms rank their own services.
Is this real accountability for anti-competitive behaviour, or just another cost of doing business for Big Tech?
My cynicism is tell me that unfortunately it is the latter.
Re: Swedish court says Google is to pay $1.5B to Klarna in antitrust damages
#3$1.5B is significant, but the bigger question is whether this actually changes how dominant platforms rank their own services. Is this real accountability for anti-competitive behaviour, or just another cost of doing business for Big Tech? My cynicism is tell me that unfortunately it is the latter.
Vouched, I feel similarly.
(I can’t possibly understand this being downvoted.
The downvote button isn’t an “I disagree” button.)
Re: Swedish court says Google is to pay $1.5B to Klarna in antitrust damages
#4> PriceRunner is considered to have suffered damage as a result of Google having illegally favoured its price comparison service for many years
Why would Google NOT favor it's own service at it's own product? How is that illegal?
Re: Swedish court says Google is to pay $1.5B to Klarna in antitrust damages
#5$1.5B is significant, but the bigger question is whether this actually changes how dominant platforms rank their own services. Is this real accountability for anti-competitive behaviour, or just another cost of doing business for Big Tech? My cynicism is tell me that unfortunately it is the latter.
Absolute numbers with BigTech are never significant. Only viable paths for remedy anre outright divestment or revoking financial license in Sweden.
The former is nigh impossible, the latter is fairly trivial with sufficient will.
Re: Swedish court says Google is to pay $1.5B to Klarna in antitrust damages
#6> PriceRunner is considered to have suffered damage as a result of Google having illegally favoured its price comparison service for many years Why would Google NOT favor it's own service at it's own product? How is that illegal?
Why would Swedish courts NOT favor their own national economic interests? How is that illegal?
Re: Swedish court says Google is to pay $1.5B to Klarna in antitrust damages
#7> PriceRunner is considered to have suffered damage as a result of Google having illegally favoured its price comparison service for many years Why would Google NOT favor it's own service at it's own product? How is that illegal?
When you're a permitted monopoly you have the behave differently, including being fair to competitors.
1.5B is preferable to being broken up (not that Sweden could enforce that)
Re: Swedish court says Google is to pay $1.5B to Klarna in antitrust damages
#8> PriceRunner is considered to have suffered damage as a result of Google having illegally favoured its price comparison service for many years Why would Google NOT favor it's own service at it's own product? How is that illegal?
"Why would Microsoft NOT favor it's own browser in it's own OS? How is that illegal?"
Re: Swedish court says Google is to pay $1.5B to Klarna in antitrust damages
#9> PriceRunner is considered to have suffered damage as a result of Google having illegally favoured its price comparison service for many years Why would Google NOT favor it's own service at it's own product? How is that illegal?
When you're a permitted monopoly you have the behave differently, including being fair to competitors. 1.5B is preferable to being broken up (not that Sweden could enforce that)
[dead]
Re: Swedish court says Google is to pay $1.5B to Klarna in antitrust damages
#10Didn't Google have a previous lawsuit against foundem? Not a fan of Google but foundem were fucking awful.