Distinguished research psychologist Robert Epstein explains why Google was recently fined $2.7 billion for one of its search-engine manipulations. This is just the beginning, he says, of bad news for a company that tracks and manipulates people on a massive scale.
Dr. Robert Epstein — The pixels have hit the fan. The EU just fined Google $2.7 billion for favoring its online comparative shopping service in its search results.
Google officials knew this fine was coming and that much worse is possible, so in August 2015, they reorganized the company so that it is now part of a holding company called Alphabet. This was not done, as Larry Page, one of the company’s co-founders, rappedat the time, to make the company “cleaner and more accountable” (what on earth does that mean?). It was likely done to try to protect the value of the stock held by the company’s major stockholders. The EU’s antitrust action against Google had been filedin April, 2015, and that got Google officials thinking. When the US Department of Justice broke up AT&T in the 1980s, the stock value dropped by 70 percent.