After an extensive investigation, the European Union found last week that Google has, for many years, violated European antitrust law by rigging its general search results to favor its own comparison shopping service over rivals. But a recent Post editorial faults the E.U. for imposing a $2.7 billion fine on the company.
The editorial board questioned whether Google’s conduct hurt either competitors (who were just “unlucky,” according to The Post) or consumers. It claimed that users “may well prefer to see” Google’s results first and that the fine “seems to be a case of punishment without crime.”
This view ignores the facts. Google painstakingly executed a strategy to increase its search-ad revenue by making it both possible and necessary for merchants to raise prices to consumers, as a review of studies from the E.U., the U.S. Federal Trade Commission and others show. And as a result, Google’s ad revenue has soared at the expense of its users…
Source: You should be outraged at Google’s anti-competitive behavior – The Washington Post
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