The announcement today that the European Competition Commissioner has launched an official antitrust action against Google promises to be just the first step in a likely escalation of actions against Google and other big-data platforms increasingly dominating the online -- and, increasingly, the offline -- economic landscape.
The Court has finally struck a blow for democracy. And it will be actualized because of one phrase: treble damages liability. Thank you, Justice Kennedy. Now we all have to clothe many naked and quite ugly kings. And we shall have to do it without the help of our media, who seem to believe they all remain in royal regalia.
The purpose of the U.S. antitrust laws is to protect competition and not competitors. That is a simple lesson Mr. Son should consider before he tries to justify an anticompetitive deal with a smokescreen of mischaracterizations and false statements about the state of the U.S. wireless broadband market.