@JaneWilliams 2 days ago
How Many Billion Dollar Fines Does It Take to Actually Hurt Google?
How Many Billion Dollar Fines Does It Take to Actually Hurt Google?
so the EU permanently confirmed a $4.67 billion fine against this week with no more appeals left
and now rivals across 13 countries can sue for damages with no ceiling on top of that
plus another massive DMA fine coming before August
$12.5 billion in EU fines over a decade and the stock barely moves
I genuinely don't understand at what point any of this actually matters to Alphabet's business
@Simonwhite 2 days ago
it is crazy how alphabet barely reacts to billions in fines anymore. it makes me think the market has already priced in all this legal trouble for years.