Tuesday, June 27, 2017

Google Fined Record 2.4 Billion Euros in EU Antitrust Case



Google Fined Record 2.4 Billion Euros in EU Antitrust Case
by Breitbart London 27 Jun 2017
BRUSSELS (AP) — After a seven-year legal battle, European authorities came down hard on Google on Tuesday for taking advantage of its dominance in online searches to direct customers to its own businesses, fining the tech giant a record 2.42 billion euros ($2.72 billion) and raising the prospect of more.

A years-long analysis of Google’s online search results showed that the company lists links to its own online shopping services above those of rivals, European regulators said. On average, Google lists search results to its biggest rivals in online shopping only on page 4 — and smaller rivals even lower. That’s a huge advantage for Google when 90 percent of use-clicks are on page one.

The European Union’s competition watchdog slapped a record 2.42 billion euro (2.72 billion US dollars) fine on internet giant Google on Tuesday for breaching antitrust rules with its online shopping service. (June 27)

The ruling that Google is taking advantage of its market dominance in online searches paves the way for a broader crackdown by the EU, which is investigating several other Google businesses, like its online images and travel businesses.

“What Google has done is illegal under EU antitrust rules. It denied other companies the chance to compete on the merits and to innovate. And most importantly, it denied European consumers a genuine choice of services and the full benefits of innovation,” EU Competition Commissioner Margrethe Vestager told reporters.

To avoid more pain in Europe, Google will have to change the way it does business in the region. It has 90 days to stop favoring its own links to online shopping or face more fines of up to 5 percent of the average daily worldwide revenue of parent company Alphabet.

Google says it is considering an appeal and maintains it’s just trying to package its search results in a way that makes it easier for consumers to find what they want.

“When you shop online, you want to find the products you’re looking for quickly and easily. And advertisers want to promote those same products. That’s why Google shows shopping ads, connecting our users with thousands of advertisers, large and small, in ways that are useful for both,” Kent Walker, senior vice president at Google, said in a statement.

“We will review the Commission’s decision in detail as we consider an appeal, and we look forward to continuing to make our case,” he said.

The fine is the highest ever imposed in Europe for anti-competitive behavior, exceeding a 1.06 billion euros penalty on Silicon Valley chip maker Intel in 2009.

The penalty itself is unlikely to leave a dent in Google’s finances. Alphabet has more than $92 billion (82 billion euros) in cash, including nearly $56 billion (50 billion euros) in accounts outside of Europe.

But it could affect Google’s way of doing business in the longer-term. U.S. interest groups were quick to latch onto the European ruling to argue that a similar approach be taken in the United States.

“Some may object to the EU moving so aggressively against U.S.-based companies, but these authorities are at least trying to deal with some of the new competitive challenges facing our economy,” said the News Media Alliance. “U.S. lawmakers and regulatory authorities, by contrast, have been ‘asleep at the switch’ for far too long.”

“We will monitor Google’s compliance closely,” Vestager said.

She noted that that any company or person who has suffered damages due to the company’s practices can make claims to national courts.

More broadly, Vestager said, the probe has established that Google is dominant in general internet search in all 31 countries of the European economic area. This will affect other cases the Commission might build against the internet giant’s various businesses, like Google Images.

She also noted that regulators are making “good progress” in its other Google probes into Android and search advertising, and that the “preliminary conclusion” is that they breach EU anti-trust rules.

The Commission has come under fire in the United States for a perceived bias against U.S. companies.

Vestager said she has examined statistics concerning anti-trust, merger control and state aid decisions and that “I can find no facts to support any kind of bias.”

Google
Google's Eric Schmidt talks about how to run the world (not that he wants to)
June 9, 2008 | 3:48 pm
It was meant to be an inspiring moment ...
...as Schmidt wrapped up a speech to the Economic Club of Washington during a luncheon in a packed ballroom at the Ritz-Carlton Hotel. Click here for an audio clip of Schmidt's comments.
The appearance was a homecoming of sorts for Schmidt. Vernon E. Jordan Jr., the club's president and a former President Clinton advisor, noted that Schmidt was born a few blocks away from the hotel at George Washington University Hospital, and grew up in the Northern Virginia suburbs. His mother, Ellie Schmidt, was in the audience.

Note: Eric E. Schmidt is the chairman of Google Inc., the chairman emeritus for the New America Foundation, and a 2008 Bilderberg conference participant (think tank).
Jonathan Soros is a director at the New America Foundation, George Soros’s son, and was the vice chairman for the Foundation to Promote Open Society.
Foundation to Promote Open Society was a funder for the New America Foundation, and the Aspen Institute (think tank).
George Soros was the chairman for the Foundation to Promote Open Society, is Jonathan Soros’s father, and a friend of Michael Douglas.
L. John Doerr is a director at Google Inc., and a trustee at the Aspen Institute (think tank).
Google Inc. was a funder for the Aspen Institute (think tank).
Javier Solana is a trustee at the Aspen Institute (think tank), and was a high representative for common foreign & security policy for the European Union (EU).
European Union (EU) is the executive body for the European Commission.
European Commission fined Google Inc. in 2017 for antitrust.
Paul S. Otellini is a director at Google Inc., and a director at the Nuclear Threat Initiative (think tank).
Michael Douglas is a director at the Nuclear Threat Initiative (think tank), and a friend of George Soros.
Ted Turner is a co-chairman for the Nuclear Threat Initiative (think tank), and the founder of CNN.
Walter Isaacson was a chairman & CEO for CNN, and is the president & CEO for the Aspen Institute (think tank).
L. John Doerr is a trustee at the Aspen Institute (think tank), and a director at Google Inc.
Google Inc. was a funder for the Aspen Institute (think tank).
Javier Solana is a trustee at the Aspen Institute (think tank), and was a high representative for common foreign & security policy for the European Union (EU).
European Union (EU) is the executive body for the European Commission.
European Commission fined Google Inc. in 2017 for antitrust.
Akin, Gump, Strauss, Hauer & Feld, LLP was the lobby firm for Google Inc.
Vernon E. Jordan Jr. is a senior counsel for Akin, Gump, Strauss, Hauer & Feld, LLP, a director at the American Friends of Bilderberg (think tank), was the president of the Economic Club of Washington, and a 2008 Bilderberg conference participant (think tank).
Susan Molinari is a director at the Economic Club of Washington, and a VP for Google Inc.

Project Veritas Undercover Investigation: CNN Producer Admits Network Hyping ‘Mostly Bullsh*t’ Trump-Russia Scandal for ‘Ratings’



Project Veritas Undercover Investigation: CNN Producer Admits Network Hyping ‘Mostly Bullsh*t’ Trump-Russia Scandal for ‘Ratings’
by Matthew Boyle 26 Jun 2017Washington, D.C.
James O’Keefe’s Project Veritas has struck again: This time, a senior CNN producer was caught on camera by one of O’Keefe’s investigators admitting that the network’s relentless bashing of President Donald Trump with the Russia scandal lacks proof.

“Could be bullshit. I mean, it’s mostly bullshit right now,” the CNN producer, John Bonifield, said in a video O’Keefe’s Project Veritas released on Tuesday, when asked about his thoughts on the Russia investigation. “Like, we don’t have any giant proof. Then they say, well there’s still an investigation going on. And you’re like, yeah, I don’t know. If they were finding something we would know about it. The way these leaks happen, they would leak it. They’d leak. If it was something really good, it would leak…. The leaks keep leaking and there’s so many great leaks, and it’s amazing. I just refuse to believe that if they had something really good like that that wouldn’t leak because we’ve been getting all these other leaks. So, I just feel like they don’t really have it but they want to keep digging. And so I think the president is probably right to say, like, look you are witch hunting me. You have no smoking gun. You have no real proof.”

WATCH: PROJECT VERITAS VIDEO INVESTIGATION OF CNN:
The video also shows Bonifield admitting that he has not seen evidence that Trump has committed any crimes.

“I haven’t seen any good evidence to show the president committed a crime,” Bonifield says in the video.

And even if Russia did try to influence the U.S. election, Bonifield is heard saying in the video, that is not really much of a scandal. He is seen arguing that Russian efforts to influence the election would be normal, and that the U.S. government does the same thing around the world all the time.

“Even if Russia was trying to swing an election, we try to swing their elections, our CIA is doing shit all the time, we’re out there trying to manipulate governments,” Bonifield says.

Bonifield is a supervising producer for CNN Health. According to his biography on CNN’s website, Bonifield works with the CNN Medical Unit and “primarily with CNN Senior Medical Correspondent Elizabeth Cohen.”

These startling admissions from a CNN producer on hidden camera video come amid many other comments the video shows him making that are particularly problematic for a network in crisis. The Project Veritas video was released on Tuesday amid the worst scandal in CNN history. Zucker, the network president, is currently leading an internal investigation into a very fake news hit piece that CNN published Thursday night then retracted late Friday after a Breitbart News investigation. He is joined, per reports from BuzzFeed News, by the head of HR inside CNN at the top of the investigation. Three of CNN’s senior-most editorial staffers have resigned as a result of the growing scandal.

In narration over the video, O’Keefe notes that “Bonifield has worked for CNN as a journalist and producer for nearly 15 years.”

“He not only gave us a tour of CNN’s main newsroom, he gave us a window into the editorial bias and anti-Trump agenda of the organization,” O’Keefe says.

O’Keefe’s Project Veritas is billing this video as part one of a multi-part investigation into what they call: “American Pravda.”

“Fake News: We start our American Pravda investigations inside American media with part one: CNN,” O’Keefe says in the video. “Our goal is to expose the real motivations behind the decision-making process at our dominant media corporations. Fake News. One story has monopolized President Trump’s time in office like no other, especially on CNN: Russia. In fact, since the Inauguration, CNN has mentioned Russia on their air nearly 16,000 times. So we sent our undercover reporters inside CNN to understand why and to determine if CNN even believes if the story is even real.”

In addition to those aforementioned revelations in the Project Veritas video, Bonifield is shown on camera saying the reason CNN leadership and management is so focused on the Russia scandal despite the lack of real proof is “because it’s ratings.”

“Our ratings are incredible right now,” the video from Project Veritas shows Bonifield saying.

In the video, Bonifield says that CNN leadership regularly axes coverage of other newsworthy stories to shift coverage back to the Russia story. He provided as an example of the network’s coverage of President Donald Trump’s decision to withdraw from the Paris climate accords—which he is seen saying in the video lasted less than two days—before management deliberately shifted coverage back to the Russia scandal.

“My boss, I shouldn’t say this, my boss yesterday we were having a discussion about this dental shoot and he goes and he was just like I want you to know what we are up against here,” Bonifield is seen saying. “And he goes, just to give you some context, President Trump pulled out of the climate accords and for a day and a half we covered the climate accords. And the CEO of CNN said in our internal meeting, he said good job everybody covering the climate accords, but we’re done with it let’s get back to Russia.”

When asked by the Project Veritas investigator if it was the CEO of CNN—according to O’Keefe they were referring to CNN president Jeff Zucker—who made that determination, Bonifield is heard saying: “Yeah.”

“So, even the climate accords, he was like a day or so it’s okay but we’re moving back to Russia,” Bonifield says in the video.

“It’s a business,” Bonifield says in the video. “People are like the media has an ethical … But, all the nice cutesy little ethics that used to get talked about in journalism school, you’re just like, that’s adorable. That’s adorable. This is a business. Especially cable news. Cable news isn’t the New York Times, and it’s not even like NBC News. I mean NBC News still gets 20 million viewers a night. Cable news is getting a million. So, they got to do what they got to do to make their money.”

Bonifield is also seen saying in the video that CNN treats President Trump much differently than CNN treated now former President Barack Obama when he was in office.

“I think there a lot of like liberal CNN viewers who want to see Trump really get scrutinized,” the CNN producer is seen saying in the video.
“And I think if we would have behaved that way with President Obama and scrutinized everything that he was doing with as much scrutiny as we apply to Donald Trump, I think our viewers would have been turned off. I think they would have felt like we were attacking him. And I’m not saying all of our viewers are super liberals, I think there’s just a lot of them.”

He adds that: “Trump is good for business right now.”

CNN
CNN Worldwide is a division of CNN.

Note: Jeff Zucker is the president of CNN Worldwide, and a director emeritus for the Robin Hood Foundation.
Foundation to Promote Open Society was a funder for the Robin Hood Foundation, the Aspen Institute (think tank), and the Carnegie Endowment for International Peace (think tank).
George Soros was the chairman for the Foundation to Promote Open Society, is the founder & chairman for the Open Society Foundations, and a friend of Michael Douglas.
Open Society Foundations was a funder for the Carnegie Endowment for International Peace (think tank).
Emma Bloomberg was the chief of staff for the Robin Hood Foundation, is a director at the Robin Hood Foundation, Michael R. Bloomberg’s daughter, and a director at the Bloomberg Family Foundation.
Michael R. Bloomberg was a donor for the Robin Hood Foundation, is Emma Bloomberg’s father, and the founder of the Bloomberg Family Foundation.
Bloomberg Family Foundation was a funder for the Aspen Institute (think tank).
Walter Isaacson is a director at the Bloomberg Family Foundation, the president & CEO for the Aspen Institute (think tank), and was the chairman & CEO for CNN.
Ted Turner is the founder of CNN, the founder of the Turner Broadcasting System Inc., and a co-chairman for the Nuclear Threat Initiative (think tank).
Vivian Schiller was a Russian interpreter for the Turner Broadcasting System Inc., and the SVP for the CNN Productions.
Michael Douglas is a director at the Nuclear Threat Initiative (think tank), and a friend of George Soros.
Carnegie Endowment for International Peace (think tank) was a funder for the Nuclear Threat Initiative (think tank).  
Jessica Tuchman Mathews is a director at the Nuclear Threat Initiative (think tank), was the president of the Carnegie Endowment for International Peace (think tank), a director at the American Friends of Bilderberg (think tank), and a 2008 Bilderberg conference participant (think tank).
Ed Griffin’s interview with Norman Dodd in 1982
(The investigation into the Carnegie Endowment for International Peace uncovered the plans for population control by involving the United States in war)
James F. Collins is a senior associate at the Carnegie Endowment for International Peace (think tank), and was a U.S. ambassador for Russia.
Thomas R. Pickering was a U.S. ambassador for Russia, and a lifetime trustee at the Aspen Institute (think tank).
Bloomberg Family Foundation was a funder for the Aspen Institute (think tank).
Walter Isaacson is a director at the Bloomberg Family Foundation, the president & CEO for the Aspen Institute (think tank), and was the chairman & CEO for CNN.
Michael R. Bloomberg is the founder of the Bloomberg Family Foundation, Emma Bloomberg’s father, and was a donor for the Robin Hood Foundation.
Emma Bloomberg was the chief of staff for the Robin Hood Foundation, is a director at the Robin Hood Foundation, Michael R. Bloomberg’s daughter, and a director at the Bloomberg Family Foundation.
Jeff Zucker is a director emeritus for the Robin Hood Foundation, and the president of CNN Worldwide.
CNN Worldwide is a division of CNN.