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Thread: The EU Fines Google $2.7 Billion. Here's Why They're Wrong.

  1. #1
    INGSOC GURPS's Avatar
    Member Since
    Nov 2012
    Peoples Republic Of Maryland

    The EU Fines Google $2.7 Billion. Here's Why They're Wrong.

    According to Wired, the EU's declaration could have a major impact on Google's market going forward given how the company has expanded to more than just a search engine:

    The company has been retooling its search results to be more than just a list of websites. As Google expands into new areas, such as voice-controlled virtual assistants, it seeks to provide people with what they're looking for directly, whether that's an answer to a question, the address of a restaurant, or a list of nearby movie showings. Today's order chips away at that idea by opening the door to more lawsuits.

    If the EU's decision is upheld, then Google will have a much harder time expanding and promoting its brand due to frivolous lawsuits from its competitors.

    There will be some who will argue that this is a good thing that promotes competition. But in actuality, it's the free market that takes down monopolies, not government intervention. As Milton Friedman explained in the video below, monopolies that are sustained over a long period of time are due to government intervention. He cited trade unions and protectionist policies as examples. Monopolies in a truly free market are temporary:

    The EU Fines Google $2.7 Billion. Here's Why They're Wrong.
    We’re tempted to suggest a conspiracy here — but it’s just liberals agreeing yet again that conservatives have hidden, evil motives, because modern liberals simply can’t conceive of any other reason to disagree with the liberal consensus.

    “Moral precepts are constant through the ages and not obedient to circumstances.”

  2. #2
    Board Mommy vraiblonde's Avatar
    Member Since
    Mar 2001
    Off the grid
    Blog Entries
    If Google would be honest about their intentions and business model, there'd be no problem. As it stands, they pulled a bait and switch: they were "just a search engine", then got us to the point where they were *the* search engine, then they started offering email and other services that were too good to pass up, got the public to where Google was a go-to, and THEN they started tweaking search results to only cough up their political and social opinions and their products. EVEN when you do a very specific search for specific information, the top page of results will have nothing to do with what you asked for and will reflect the progbot agenda.

    This is not "free market" - it's fraud and a monopoly. They lured us in with one premise, then when we became loyal customers they switched out on us without informing us they were doing it.

    Amazon is going the same way with the same tactic, so I will watch the Google situation with interest.
    "Too much agreement kills a chat."
    ~Eldridge Cleaver

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