Google is being sued in Britain for potential damages of up to £5 billion ($6.6 billion) in a class action alleging the company abused its dominant market position in online search. The class action, filed at the Competition Appeal Tribunal Tuesday, argues that Google’s actions enabled it to charge higher prices for the advertisements that appear in search inquiries than it otherwise could in a competitive market. It said the US company, owned by Alphabet (GOOGL), contracted phone makers to pre-install Google Search and the Chrome browser on Android devices and paid Apple to make it the default search engine on iPhones, with the intention of shutting out competition.
Tag: Britain
Brexit Europe risk | Business Insider
Everyone is suddenly talking about the coming Brexit vote.
With Britain preparing to vote in a June 23 referendum on whether to leave the European Union, the latest polls seem to suggest that Brits are leaning toward Leave:
The ICM phone and online poll: Remain 47% / Leave 53%
ORB phone poll: Remain 48% / Leave 49%
YouGov online poll: Remain 39% / Leave 46%
Insight: The day Europe lost patience with Britain | Reuters
The swing was very, very quick. Everybody was on board in a matter of minutes. I think it was obvious inside the room that Cameron was shocked by the swiftness with which his allies left him alone.”
Dispatches From The Front 