Tagged With antitrust

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In the world of online shopping, coming out on top in search results is a big deal. And if you’re the king of search, as Google is, and you have aspirations of being a major player in ecommerce then you could abuse your power in search to queue jump your competitors. The EU has found Google has been pushing its own products up in search rankings in order to gain what to says is an unfair market advantage. And it’s going to cost Google over AUD$4B in fines.

Predicting the future is near impossible -- but that doesn‘t stop us all from having a red hot go. Human beings have been predicting the future since the beginning of history and the results range from the hilarious to the downright uncanny.

One thing all future predictions have in common: they‘re rooted in our current understanding of how the world works. It‘s difficult to escape that mindset. We have no idea how technology will evolve, so our ideas are connected to the technology of today.

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In the world of online shopping, coming out on top in search results is a big deal. And if you’re the king of search, as Google is, and you have aspirations of being a major player in ecommerce then you could abuse your power in search to queue jump your competitors. The EU has found Google has been pushing its own products up in search rankings in order to gain what to says is an unfair market advantage. And it’s going to cost Google over AUD$4B in fines.