I guess you could say like, this pretty election for showing off when another nations or not for sure. Or there are 2 nations. So that might be the case in the case with the ukraine right now. I think this is a really bad move the ukraine because the list and also better, i dont think the most right thinking and intelligent. We backing ukrainians on this morning and 28 and a half minutes. This is our international ah summer solution. Thats where i would look at the problem and look at the solution and that Today Weve got the one and only Marshall Auerbach is the Market Analyst that levy Institute Researcher and tragic follower of the toronto police. But maybe this is they, are they want a stanley cup . The the this is boom, but the one business show you cant afford to mit. Im branch of boring. Washington coming up. Global interest efforts have scored a major win in europe as grant has hit and google with a huge fine over advertising practices. Straight ahead. We take a dive into the la
A new find issued against google by, for instance, anti competitive watch doc. Now this find costing nearly 270000000. 00 is for google abusing its quote dominant position in the online advertising business. Isabelle, the silva, president of the french competition authority, said in a statement. The decision is the 1st in the world to look at the complex algebra algorithmic auction processes by which online Advertising Display operates. So what exactly is google doing that . The french authorities are trying to bring to an end on joining us now to discuss it. School bus co host, an investigative journalist, ben swan. Now ben, lets start with the find here. So can you break down these anti competitive practices . What exactly is google doing . Yes, so essentially what the french authority is saying is that google has kind of these internal ad practices and software that they use without rhythms. And our rhythms really are gearing business towards their own properties and away from compe
Those algorithms really are gearing business towards their own properties and away from competitors. So for instance, they say this, theres something called the D F P advertising server, they google use it, they say it allows publishers of sites and applications to sell their own advertising space. But the problem is, is that the way google has it set up is that they actually refer more business to their own advertising space, as opposed to those competitors, even though those competitors are utilizing google services. So essentially, the way its set up is that google is favoring itself, which should not come as a surprise to anyone because google and Facebook And Amazon are constantly brimmed in trouble foR The fact that this is what they do in europe in the United States, across asia, every place where they exist, they have been accused of and even find for at times, anti competitive practices when it comes to dealing with again, competitors who have to use their space. And now that
That seems like a lot of money. But for a company like google, does this even make a Den And Cant do anything to change the Companys Behavior at this point . It really doesnt listen. You have to consideR The fact that, like you said, 270000000. 00, its nothing. I mean, google as a company does 11810000000. 00 a year. Right . So the amount of money that theyre doing is just absolutely just, just staggering, but i want to give you a couple of examples of i said 1. 8. 1 is a 181000000000. 00 a year. Not 181810000000 dollars a year is what they do. But in think about this in france alone in the country of france where this whole thing has come up, right . 270000000. 00 fine. Google is actually been fighting with french authorities about paying taxes there in 2019 they agreed to go ahead and settle what Tax Liability Liability they had for 500000000. 00. And they paid a separate fine of 500000000. 00, but they owed about 1700000000. 00 in back taxes in france that they settle for. So a 2600
Offering the lives of the vegas residence. To be the control group. To the shiny facades conceal a deep indifference to the People Vice gonna save if they were to take an action. Absolutely, keep the registering and keep the slot machines doing. This is a Money Machine is a huge Cash Register that is ran by people who dont care about peoples lives being lost. Welcome to match or financial survival guide. Looking forward to your benefits. This is what happens, the benches in britain delicate, you watch, kaiser report the this is boom, but the one business show you cant afford to mit. Im brand new born washington coming up. Global interest efforts have scored a major win in europe as france has hit in google, with a huge fine over at advertising practices. Straight ahead, we take a dive into the latest ruling and what ripples that could have throughout the tech industry. Then we look at new efforts from g 7 nations to crack down on the tory if tax dodging firms. We bring you analysis of