Google's Loss in Europe Isn't Europe's Win
An inadequate understanding of European Union politics and a certain amount of tone-deafness have left Google with a really big mess. As Brad Stone and Vernon Silver write in the latest Bloomberg BusinessWeek cover story, Google cut an antitrust deal with a Spanish politician, former EU Commissioner for Competition Joaquin Almunia, only to see it scrapped in the face of fierce opposition from a German politician (European Commissioner Guenther Oettinger) and a German publisher (Matthias Doepfner, chief executive officer of Axel Springer). Then Almunia’s successor, former Danish Finance Minister Margrethe Vestager, accused the company of using its dominant position in search “to create advantage in related markets.” And that’s not all:
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