this post was submitted on 15 Sep 2025
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Google fined EUR 3 billion by EU for blocking competition in online ad sales (www.telecompaper.com)
submitted 3 days ago by chobeat@lemmy.ml to c/technology@lemmy.world
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[–] Squizzy@lemmy.world 11 points 3 days ago (1 children)

Look I am all for increasing fines but people need to stop discussing a fine's impact in terms of global revenue etc.. It is useful but in cases like this the question is do you think that 2.5% of their profits came from this one action, because if not then it was a net loss and the fine will discourage it going forward because it doesn't make sense.

[–] Attacker94@lemmy.world 4 points 3 days ago (1 children)

I would much rather over tune the fine than make it a cost of doing business, in general accountants think backwards to most people and they won't tell the higher ups to change anything until it really affects the bottom line.

[–] Squizzy@lemmy.world 2 points 2 days ago (1 children)

My point was it isnt a cost of doing business, if your costs are more than your earnings then it is just bad business.

We dont have a view of how much profit this infraction earned them but I would have a hard time believing it approached 2.5% of their global profit.

Any bean counter is going to love pointing out a fuck up of someone else that they can take credit for remedying.

[–] JohnEdwa@sopuli.xyz 4 points 2 days ago* (last edited 2 days ago)

You don't believe that the anticompetitive ad stuff Google has been doing for 11 years approached 2.5% of their one year profit?