Reply to post: Re: That's silly

The Schmidt's hit by the fan: Alphabet investor sues Google bigwigs over EU antitrust ruckus

ratfox

Re: That's silly

I think the downvoters find that you are mixing stuff that are unrelated. This suit is specifically about antitrust. Google is not going to use the "everybody else does it" defense, because they're the only ones in position to do it — that's the whole point.

You're also somehow accusing Google of money laundering, and I have no clue where you got that from.

I also want to call out the claim that Google is taking £150 a year out of the pockets of "every wage earner" in the UK, first because that's how much Google made in the country over ten years, but also because it's ridiculous to assume that without Google, this money would somehow have made its way into the pockets of people instead of another advertising company.

As to the shareholder lawsuit, Google came very close to striking a deal with the EU, brokered by Eric Schmidt with the previous commissioner, which was scuppered at the last minute by political pressure. I think it was reasonable for Google to think that they would get away with what they are doing, since they almost did. From that point, I don't think that the shareholder lawsuit is justified, since Google really did take the decisions that seemed best at the time. It's blaming them because their foresight was not as good as your hindsight.

Then again, lawsuits don't have to make sense in the US.

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