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

reuters.com

31–40 of 135 posts

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

#31
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?

The thing that is illegal is leveraging a monopoly position in one market to give yourself an advantage in another market.

So Google is allowed to favour their own price comparison in, say, Hangouts, but not in Search.

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

#32

Earlier quoted context omitted.

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.

You're not understanding this.

A company can create a new search engine and Google Search isn't obligated to even mention it.

The issue is when achieving market dominance and new service is integrated into the dominant product.

You clearly haven't been around long enough to have caught a lot of discussions on this topic over a decade ago.

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

#33
post #28

Earlier quoted context omitted.

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?

Checked what in EU? Do Microsoft not bundle their own browser in Windows in EU?

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

#34
post #26

Earlier quoted context omitted.

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.

[deleted]

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

#35
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?

Because this kind of behavior was rampant in the past - where one company owned everything and could leverage it's size and influence to crush competition across distinct market spaces. It prevented other companies from operating in the same space, which led to stagnation, outrageous human exploitation, inequality, and ultimately the great depression.

It is now illegal as laws have been introduced with the aim to prevent this from happening again. The effectiveness of these laws, with regards to how well they fit the current era, is a different matter.

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

#36

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.

The US literally just lost the war in Iran. I don't think they're actually capable of "stomping" on anyone.

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

#37

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.

> Now consider where Klarna gets the most of their money from.

Considering Klarna essentially boils down to a lending service for people who want to buy stuff they aren't able to afford in the moment, I don't think this is the dunk you think it is.

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

#40
post #3
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.

Vouched, I feel similarly. (I can’t possibly understand this being downvoted. The downvote button isn’t an “I disagree” button.)

Perhaps because the comment didn't add to the discussion? like all those +1 comments in GitHub issues.
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