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Google Inc. Message Board

  • gokitch gokitch Feb 3, 2013 3:41 PM Flag

    $5B hit coming from Europe regulators? Whoa

    Joaquín Almunia, the European competition commissioner and the top European antitrust official, has been formally investigating Google since November 2010. He has insisted that Google make changes to the most sensitive area of its business, online search.

    If Mr. Almunia ultimately accepts Google’s offer, the company will avoid further investigation. Additional inquiry could lead to a fine of as much as 10 percent of Google’s annual global sales, which came to about $50 billion last year. Google would also avoid a guilty finding, which could restrict its activities in Europe.

    Src:nyt

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • How much does the lil hedgie you work for pay you for posting #$%$? I will double it if you simply #$%$.

      It must be a pretty chitty feeling to miss a stock run to its all time highs while you have been bearish or short, doesnt it?

      Your opinion isnt worth the computer screen its printed on. You are a putz. An idiot. Nothing more.

 
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