EU competition chief holds threat of breaking up Google

Re:EU competition chief holds threat of breaking up Google by csomar on Monday March 26, 2018 @03:56PM (#16681958)

> That is kind of what you get when you have more or less universal legislation power over 40% or so of the world's purchasing power (please correct me, I just bullshitted that guess).

Europe GDP is 20.9 Trillion USD. The world GDP is 107 Trillion USD. So Europe is only 20% of the world GDP.

But one can make the argument that EU citizens are better connected and spend more on digital goods. Though I'd be surprised if it drives more than 30% of Google revenue.

[ Parent | on HN ]

Re:EU competition chief holds threat of breaking up Google by throwaway4719 on Monday March 26, 2018 @04:28PM (#16682254)

Alphabet Inc. break their revenue down into:

EMEA, APAC, Other Americas, US

Out of this, in 2017, EMEA was 32.5% of total revenue, based on numbers from page 33 of https://abc.xyz/investor/pdf/20171231_alphabet_10K.pdf.

My bullshit-guess is that out of those 32.5 percent units, EU/EES was responsible for about 31 units or so, and the rest 1.5 was from the middle east and africa. (Reasoning: the ME certainly has money, but no population to speak of. Africa has lots of people but besides relatively tiny South Africa very little revenue for Google.)

So yeah, the EU has a pretty powerful hammer.

[ Parent | on HN ]