this post was submitted on 02 Jul 2026
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Google must pay €4.1bn fine for using Android to 'block' rivals (www.bbc.co.uk)
submitted 4 days ago by LadyButterfly@reddthat.com to c/technology@lemmy.world
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[–] bitjunkie@lemmy.world 18 points 3 days ago (1 children)

Chump change. Market cap: $4.4T. The cost of doing business is just scaling while normal people money is not.

[–] sonofearth@lemmy.world 2 points 2 days ago

Agree with “just cost of doing business” argument for Google. But market cap and fine amount ratio are totally unrelated. A company’s stock price can be highly inflated in trillions in market cap and yet can have negligible incoming cash like maybe a few million dollars. So a fine of billion would definitely hurt them a lot.