November 30, 2010
Monopolist Accuses Others of Monopoly
The European Union, which holds a regulatory monopoly over any business within its territorial jurisdiction, has opened an investigation of Google. Previously the EU harassed Microsoft from 1993 to 2004. That case ended up with a fine of $794 million! Plus they dicked around with the Windows Media player and no doubt retarded its improvement. Between 2004 and 2008, even more fines were imposed: $1.44 billion. The name for the EU’s behavior is criminal extortion and robbery. So now the trouble begins for Google under an unbelievable and shameful pretext:
“The formal investigation announced Tuesday follows complaints from rival search engines that Google put them at a disadvantage in both its regular and sponsored search results, by listing links to their sites below references to its own services in an attempt to shut them out of the market.”
As I have blogged before, I hope the EU crumbles into dust. I hope the Irish resist, the Greeks resist, the Portuguese resist, right down the line. I hope the whole EU enterprise fails miserably.
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