Re:Google loses challenge against EU antitrust ruling, $2.8B...
by shadowgovt on Wednesday November 10, 2021 @10:40AM
(#29175838)
Probably because the cases in question started in 2017. The headlines we see are the percolation of these three cases through the entire appeals and resolution process.
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Re:Google loses challenge against EU antitrust ruling, $2.8B...
by hn_throwaway_99 on Wednesday November 10, 2021 @01:50PM
(#29178697)
Note Google still has the option of appealing to EU's top court, so the appeals process isn't even necessarily done I'm this case.
Re:Google loses challenge against EU antitrust ruling, $2.8B...
by jacquesm on Wednesday November 10, 2021 @03:46PM
(#29180511)
I hope they do and that the fine gets doubled as a result. Companies always appealing to the highest courts is only a function of the amount of cash they have, whatever happened to: "Judge says so, so that's it". It's just trying to do an end-run around the system by always clogging up the courts from low to high.
Re:Google loses challenge against EU antitrust ruling, $2.8B...
by aidenn0 on Wednesday November 10, 2021 @05:16PM
(#29181683)
Honestly, just adding a market-rate interest charge on the original fine seems Good Enough to me. I suspect the interest on a $3B fine is larger than the court fees and lawyers anyways, and it's not like time value of money isn't something companies will neglect to take into account.
Re:Google loses challenge against EU antitrust ruling, $2.8B...
by r00fus on Wednesday November 10, 2021 @05:28PM
(#29181807)
Wasn't the market-rate interest actually negative in some European countries in recent years?
There has to be some mechanism for some additional cost for the defendants to prevent appealing all court decisions...