Vesatager Says EU Could Back Date Fines Against Google

The transcript discusses Google's auction system proposal and its compliance with regulatory decisions. It highlights the potential for investigations and fines if Google fails to meet compliance requirements. Concerns are raised about Google's dominance in various markets, including travel services, and the implications for competition and consumer choice.

What was Google's proposed method for selling space to rival companies?

• Through a direct sales approach

• Via an auction system

• By offering discounts

• Through a subscription model

What action might be taken if Google does not comply with regulatory decisions?

• They will receive a warning

• They will be banned from the market

• Fines may be backdated to the first day of non-compliance

• They will be required to issue public apologies

Who expressed concerns about Google's impact on travel services?

• The director of Booking.com

• The founder of Airbnb

• The CEO of Amazon

• The head of Expedia

What percentage of the market does Google hold, according to the discussion?

• 70%

• 100%

• 90%

• 50%

What responsibility does a company have when it holds a dominant market position?

• To focus solely on customer satisfaction

• To eliminate all competition

• To avoid misusing its power in its own and neighboring markets

• To maximize profits at all costs