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Friday, 7 July 2017

Most ridiculous fine ever! $2.7 billion?

By watching the video above you probably already found out that EU Competition Commissioner Margrethe Vestager announced a record breaking antitrust fine against tech giant Google.

Ok, let me make it clear first, I'm not an expert in law and stuff but as a normal person I want to know few things here. And I think any normal person who has some brain and thinks logically might agree with this. So she want's to fine Google $2.7 billion because it showed items of big competitors at the top of its search results.

My question is that is Google privet property or public property?

Of course it's a privet property. So, let's say you have a website and hundreds of millions of people come to your site to get benefit from it. And of course everyone thinks of their own benefits first, as the visitors think the same (it's human nature). So of course you going to show all those things first which gives you the most benefits. He will be the dumbest person who puts things at the front which doesn't help him. To be successful you always choose the things that benefits you the most. Don't you?

So in this case Google did the exact same thing which any normal or who wants to be successful person would do. So why would anyone be bothered to interfere in this. If you want to put your products at top of search result then pay for it. You can't get free promotions everywhere, can you?

Another thing you might say, Goggle came to Europe so when it came in it should be regulated with European laws.

Well, people who don't know how internet works would think like this. First of all you don't need to go to a country to show things on your site. For example: You are searching for a picture (which saved on a computer in UAS). So when you send a request to that computer, it reads the query and then gives you access to that particular picture. So now you tell me if Google saves all its data in USA then what can you do about it? You are the one who are going there not Google coming to you. I know you might say Google has savers in Europe too. Well, that maybe true but do you really know what kind of data Google saves in there? If it does save some data, but you can't regulate all its data because it has saved some data in Europe. Can you?

What about Google's specific sites for specific countries, doesn't is save data of that country in that specific country? For example: for Germany and is for UK.

Well, another stupid question again. It's just a domain name, it doesn't need to be in that specific country.  All the texts, images and videos maybe saved in another country.

Do they really care about small cogitator?
It is a good question. As I've experienced myself. If you are a small and unknown guy trying to start a business and you don't have someone known in the top level in the market then it's most likely that those are at the top will treat you like piece of sh*t. And they will do what ever they can (by incising prices and stuffs) to put you down, so that you don't even start a business in the first place forget about competing them. Where is the antitrust law there?

Forget about my failure in starting business because of the so many ridiculous laws plus the whole sellers who knowingly put prices high for me, so I though it will be better to be a slave for whole life than start a business. By the way here is one example I would like to give about a medium size businessman. Even he's got pressured by people who are even higher than him. He used to sell perfumes which are similar to the original like Tom Ford Oud Wood, Creed Aventus and all that by naming them "alternative to", but people came to him and said you are not even allowed to do that if you do then those people owns the name can sue you. So over here you can clearly see by buying the name they can sue any body even if they say it's not the real one but alternative one.

I'm not saying there shouldn't be any copyright laws, but just saying that what's wrong with naming them "alternative to"? People know that it's not real so it won't be the same smell anyway. If your perfume is so good and customers can afford the price then of course people will buy yours. You just want to charge what ever amount of money you want and if you people can't afford it and go to the alternative ones you want sue the seller so that you can get the easy extra money as well?
By the way by giving this example I wanted to show that it seems like antitrust is just a name otherwise how come these top level people controlling the market and no one say any sh*t.

Will this lady give money to the small competitors if she wins?
I highly doubt she will give the money to the unknown competitors. It seems like those money will definitely go to her pocket and pockets of those who are with her at the top. They don't have any useful work to do beside come up with some ridiculous ideas like this and rob billions of dollars for and just by naming that they are with poor people.

I'm saying it again, these are only my thoughts and I just wanted the meaningful answers.


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