Hacker News: Google Gets Record-Breaking $2.7 Billion Fine for Manipulating Search Results

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Google has just lost its biggest regulatory battle!

Google has been hit with a record-breaking $2.7 billion (€2.42 billion) fine by the European antitrust officials for unfairly manipulating search results since 2008.

After a lengthy seven-year investigation that was launched in 2010 after several rivals complaint, the European Commission on Tuesday imposed this ‘biggest even financial penalty’ against the internet tech giant for breaking EU competition law.

by using its search dominance to distort search-engine results to promote own shopping comparison service at the top of all search results.

“Comparison shopping services rely to a large extent on traffic to be competitive.” European Commission says in a press release.

“The evidence shows that consumers click far more often on results that are more visible, i.e. the results appearing higher up in Google’s search results. More traffic leads to more clicks and generates revenue.”

The Commission says the amount of penalty has been calculated from Google’s income from its comparison shopping service in Europe. Google’s total revenue in the year 2016 was almost $90 Billion.

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Apart from the fine, the Commission has ordered Google to “stop its illegal conduct” and anti-competitive practices within the 3-month deadline or warned to face a further penalty of up to 5% of the average daily worldwide turnover of the Alphabet, Google’s parent company.”

So now Google will have to change its search ranking algorithm. However, the company can also appeal this decision in in EU courts to delay the resolution for years.

“We respectfully disagree with the conclusions announced today. We will review the Commission’s decision in detail as we consider an appeal, and we look forward to continuing to make our case.” Google Spokesperson said in a statement.

Moreover, Google is currently facing two other ongoing EU antitrust investigations.

One says Google Android unfairly force cellphone manufacturers to preinstall Google services to promote its products over rivals. Another investigation targets its AdSense business.

The previous biggest antitrust fine was against U.S. chipmaker Intel in 2009, which was €1 billion.

Wang Wei - Hacking News
Security Researcher and Consultant for the government, Financial Securities and Banks. Enthusiast, Malware Analyst, Penetration Tester.

Devastating Police State Bill Passes New Jersey State Assembly

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This illustrates the heart of the problem with the way governance is conducted in this country. We don’t govern where the rights of the individual are respected and exalted.

No, we live in a banana republic where our non-representing Representatives know what’s best for us, and force THEIR will down OUR throats…. regardless of your RIGHT to life, liberty, and the pursuit of happiness.

This is a bill that does nothing but promote feudalism and obedience under a jack-boot and at the end of the barrel of a gun.

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Source: New Jersey Passes Bill Requiring Schools to Teach Kids How to Interact With Cops

Delivered by The Daily Sheeple

How the Government Conditions Citizens to Obey

TheBreakAway


Source: TheDailyBell.com
June 27, 2017

Can you count how many ways the government manipulates people to be the type of citizen they can easily control?

I think that would be impossible to come up with an actual number when every facet of government is dedicated to shaping the citizen in ways contrary to his or her nature.

It ranges from tax credits for having kids to increased welfare for being a single mom; from subsidies for growing corn to mandates to eradicate invasive species. The government is changing citizens’ behavior with incentives and disincentives, which destroys the natural spontaneous order society would otherwise fall into.

The government has basically turned society into a pinball machine which bounces citizens from here to there, taking away control of their destiny. And then, they use their own coercion as an example of why we need more coercion: because people cannot control their own…

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