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Swedish court says Google is to pay $1.5B to Klarna in antitrust damages

reuters.com

21–30 of 135 posts

Re: Swedish court says Google is to pay $1.5B to Klarna in antitrust damages

#21
post #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.

IMO the fines do have an effect - Google now withholds a lot of launches from the EU, sometimes temporarily until they have time to have lawyers check them against DMA requirements, but mostly permanently. Ironically the part of Google most likely to persist in launching for the EU is Ads, since money is at stake. All the free, consumer-benefiting services are most likely to be curtailed in the face of aggressive reg…

> All the free, consumer-benefiting services

If they stop providing value to users, they are putting their ad business at risk. It's never free, providing value to share holders is a top priority.

Re: Swedish court says Google is to pay $1.5B to Klarna in antitrust damages

#22
post #8

Earlier quoted context omitted.

"Why would Microsoft NOT favor it's own browser in it's own OS? How is that illegal?"

You may not like it but I agree it shouldn't be illegal. If competitors aren't happy they can make their own OS. At this point can you make a custom task manager and sue Microsoft to propose users to install your task manager on first boot? What about background image providers, why doesn't Microsoft propose to install background images from them at first boot? It's an absolutely ridiculous idea. They should not bloc…

[deleted]

Re: Swedish court says Google is to pay $1.5B to Klarna in antitrust damages

#23
post #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?

something something monopoly. Even US has laws about this, currently not enforced though.

Sure, but if I’m understanding this (maybe I’m not), a company could make a service competitive to an Alphabet product, then sue them for not using it?

For instance, if a company started up an ad business, are they going to sue and win, because Google uses their own ad service in Search instead of this new competitor?

That doesn’t make a lot of sense to me.

Re: Swedish court says Google is to pay $1.5B to Klarna in antitrust damages

#24
post #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?

It is illegal to use your monopoly in one area to unfairly distort the market in another. This is one of the core concepts of antitrust law.

Re: Swedish court says Google is to pay $1.5B to Klarna in antitrust damages

#25
post #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?

Why would Swedish courts NOT favor their own national economic interests? How is that illegal?

Well if the Swedish courts stomp on Google in the name of national interest, maybe the US will stomp on Sweden in the name of national interest. Now consider where Klarna gets the most of their money from.

Re: Swedish court says Google is to pay $1.5B to Klarna in antitrust damages

#26
post #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.

IMO the fines do have an effect - Google now withholds a lot of launches from the EU, sometimes temporarily until they have time to have lawyers check them against DMA requirements, but mostly permanently. Ironically the part of Google most likely to persist in launching for the EU is Ads, since money is at stake. All the free, consumer-benefiting services are most likely to be curtailed in the face of aggressive reg…

All of the free services are just part of the ad sales funnel. Never forget, the consumer never benefits, they are only the cattle to be fattened up.

Them not launching in Europe gives the local market a chance to build up its own players. China was very successful in this thanks to the Great Firewall.

Re: Swedish court says Google is to pay $1.5B to Klarna in antitrust damages

#27
post #8

Earlier quoted context omitted.

"Why would Microsoft NOT favor it's own browser in it's own OS? How is that illegal?"

Last I checked they still do exactly that. Not sure why that case is used as an example when literally every OS bundles a preferred browser

[deleted]

Re: Swedish court says Google is to pay $1.5B to Klarna in antitrust damages

#28
post #8

Earlier quoted context omitted.

"Why would Microsoft NOT favor it's own browser in it's own OS? How is that illegal?"

Last I checked they still do exactly that. Not sure why that case is used as an example when literally every OS bundles a preferred browser

Have you checked in EU?

Re: Swedish court says Google is to pay $1.5B to Klarna in antitrust damages

#30

Earlier quoted context omitted.

Why would Swedish courts NOT favor their own national economic interests? How is that illegal?

Well if the Swedish courts stomp on Google in the name of national interest, maybe the US will stomp on Sweden in the name of national interest. Now consider where Klarna gets the most of their money from.

So no country can ever take action and enforce their local laws because the USA can retaliate?

Why have local laws in that case? Better we all just adopt American laws to not have to fear the Americans getting pissy when they diverge...

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