chobeat@lemmy.ml to Technology@lemmy.worldEnglish · 1 day agoGoogle fined EUR 3 billion by EU for blocking competition in online ad saleswww.telecompaper.comexternal-linkmessage-square11fedilinkarrow-up1248arrow-down11cross-posted to: technology@beehaw.org
arrow-up1247arrow-down1external-linkGoogle fined EUR 3 billion by EU for blocking competition in online ad saleswww.telecompaper.comchobeat@lemmy.ml to Technology@lemmy.worldEnglish · 1 day agomessage-square11fedilinkcross-posted to: technology@beehaw.org
minus-squareAttacker94@lemmy.worldlinkfedilinkEnglisharrow-up4·17 hours agoI 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.
minus-squareSquizzy@lemmy.worldlinkfedilinkEnglisharrow-up1·14 hours agoMy 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.
minus-squareJohnEdwa@sopuli.xyzlinkfedilinkEnglisharrow-up3·edit-213 hours agoYou don’t believe that the anticompetitive ad stuff Google has been doing for 11 years approached 2.5% of their one year profit?
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.
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.
You don’t believe that the anticompetitive ad stuff Google has been doing for 11 years approached 2.5% of their one year profit?