Reply to post: Re: That's silly

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

bazza Silver badge

Re: That's silly

This suit is certainly related to the anti trust investigation in the European Commission.

However it might well become the first of several such suits should the French criminal investigation stick and result in hefty fines. That's why the 7 billion may grow. Criminal fines could be substantially larger, and Google shareholders correspondingly more likely to launch additional suits to this one. As Uber found out the French aren't very tolerant of big companies play fast and loose with too-sharp business practices.

Of course nothing substantive has happened at all as yet, but for a company like Google to be the focus of so much legal investigation doesn't exactly instill confidence in their strategy.

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