Google loses challenge against EU antitrust ruling, $2.8B fine

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.

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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.

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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.

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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...

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Re:Google loses challenge against EU antitrust ruling, $2.8B... by aidenn0 on Wednesday November 10, 2021 @05:34PM (#29181879)

If the interest was negative, then paying the money now is additional cost compared to paying it years ago.

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