Google Fined Record $5 Billion




The Christopher Scott Show Talk Radio Podcast show

Summary: On this episode of the Christopher Scott Talk Show Podcast: Google just got hit with a massive fine for anti-trust violations. This is a big hit in the world of mega corporations. The European Union slapped Google with a $5B dollar fine for antitrust violations claiming Google was engaging in unfair trade practices because they cut deals with phone manufactures to pre-install Google apps on phones. This was something Microsoft got in trouble for a few years ago. Most people when they think of anti-trust laws think of monopolies. That's one element of anti-trust cases but the core principle of anti-trust laws is to maintain fair competition. It doesn't have to be big company and it doesn't have to be a monopoly. When a company has an unfair advantage it's supposed to be regulated so there is health competition. So hit the play button! Visit: http://www.christopherscottshow.com Facebook: https://www.facebook.com/christopherscottshow/ Twitter: https://twitter.com/Christo98177622