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A comment on Google loses EU appeal and is fined a record $4B. Parent comment

Re:Google loses EU appeal and is fined a record $4B by ClumsyPilot on Thursday September 22, 2022 @12:46PM (#32941436)
> Google exiting the market for 3 months would have enormous economic impact, in a bad way

so too big to fail. Like with banks, they should be allowed to do anything with impunity and we should use taxpayer money to bail them out when they fuck up?

[ Parent | on HN ]
Re:Google loses EU appeal and is fined a record $4B by everforward on Thursday September 22, 2022 @01:23PM (#32941945)
I'm not saying they shouldn't be punished, I'm saying that the specific punishment of suddenly shutting them down is going to punish everyone.

E.g. we could simply seize all profits for 3 months, so Google sees no profit but the world can keep spinning. We could fine them a % of their cash holdings, if we wanted to. We could force them to split off lines of business so we don't have to worry about a catastrophic failure if we do need to kill the whole business.

I just don't think suddenly shutting them down is the right move. There are ways to punish them with far less collateral damage.

[ Parent | on HN ]