Google threatens to withdraw search engine from Australia
bbc.co.uk
bbc.co.uk
https://news.ycombinator.com/item?id=25867264 (67 points/8 hours ago/111 comments)
https://news.ycombinator.com/item?id=25789773 (46 points/6 days ago/70 comments)
https://news.ycombinator.com/item?id=25867547 (35 points/7 hours ago/16 comments)
https://news.ycombinator.com/item?id=25866493 (26 points/9 hours ago/13 comments)
https://news.ycombinator.com/item?id=25867742 (26 points/7 hours ago/11 comments)
https://news.ycombinator.com/item?id=25867761 (15 points/7 hours ago/11 comments)
There is really no other way out of this. Either they have to be regulated down to a point where their market shares shrink to a level where people can live without them, or they have to accept that society wants to have a stake in the things which are fundamental necessities in their lives.
What recourse does the Australian government have?
> 2013 News Corp had just won a court case against the Australian Tax Office (ATO) in the Federal Court and was duly awarded a tax refund of $882 million. At the Tax Office, they were not happy. Some badly wanted to appeal the decision. After all, News was then the ATO’s “number one corporate tax risk”, the nation’s premier tax dodger that is.
> Insiders say the prospects of the Tax Office winning on appeal were good but the case was never re-contested. Taxpayers picked up the bill for what was a non-cash, paper transaction where News Corp’s Australian operations recorded a $2 billion loss and its tax haven entities a $2 billion gain.
Their tax from the last 5 years was less than $10M, while they got government subsidies of $40M. So not only are they paying no tax, the taxpayers are paying THEM. An American company, btw.
https://iknow.cch.com.au/document/atagUio1574205sl227210907/... (Court case with the Newscorp)
This seems like a reasonable approach to me.
I don't agree generally with a lot of Googles business practices but I feel like this is just a desperate attempt to increase profits by the Murdoch media in Australia.
Disclaimer: Am Australian
I'm all for restraining the Google monopoly but this feels a little weirdly targeted.