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The Story Behind the Google Fine by the French Competition Authority
Manage episode 414838395 series 3548164
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From Joel MacMull: The French competition authority last week said the tech giant, Google, failed to negotiate fair licensing deals with media outlets and did not tell them it was using their articles to train its chatbot. And as a consequence, it fined Google about 270 million US dollars. The fine was in Euros, but that's roughly what we're dealing with in terms of a conversion rate.
So it's not nothing, but also for one of the largest tech companies in the world, it's, it's, you know, certainly not going to make a material difference to their bottom line. But it outlines, I think, some interesting issues, particularly when we contrast that to what's going on now in the United States and some of the litigation we're seeing against OpenAI.
From Mark Miller: The real issue here that I read in the French decision is that, I'll put it in American terms, Google is not negotiating in good faith.
The part of the negotiations are who do you negotiate with and who pays who when things are settled. And I think that's Google's case that they're coming back with to say, you haven't defined the rules of the game or else they keep switching, so we don't even know who we're dealing with anymore.
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