European Commission fines Google €2.42B for abusing dominance

Re:European Commission fines Google €2.42B for abusing domin... by msurekci on Tuesday June 27, 2017 @08:32AM (#14644770)

Does anyone know where the €2.42B will be used?

Will it be used to compensate the rival companies? Will it be used to compensate European consumers? (And most importantly, it denied European consumers a genuine choice of services and the full benefits of innovation)

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Re:European Commission fines Google €2.42B for abusing domin... by TimonKnigge on Tuesday June 27, 2017 @09:09AM (#14644999)

> Fines are paid into the Community budget and therefore help to finance the European Union and reduce the tax burden on individuals.

https://twitter.com/EU_Commission/status/879647936686305281

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Re:European Commission fines Google €2.42B for abusing domin... by justin66 on Tuesday June 27, 2017 @09:47AM (#14645317)

Another poster linked to a FAQ about the Intel decision, which indicated the money in that case went to the EU central fund.

Limousine tires, gold leaf on a few rooftops, some agricultural subsidies...

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Re:European Commission fines Google €2.42B for abusing domin... by geodel on Tuesday June 27, 2017 @09:07AM (#14644987)

Most likely it will be for upkeep of EU bureaucracy.

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Re:European Commission fines Google €2.42B for abusing domin... by jazoom on Tuesday June 27, 2017 @08:53AM (#14644892)

Probably not compensation since at the end of the statement it's mentioned that affected entities can now due Google for damages.

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