Google's Legal Problems In Europe Could Hurt Earnings
by Forward Looking Guru
I'm writing this piece as a follow up to my article, Google's Project Glass: A Huge Threat to Privacy, where I addressed concerns about the potential for a backlash from consumers and politicians over Google's attitude towards consumer privacy. The topic of Google's approach to privacy is one of critical importance that, in my opinion, has not received enough discussion. The Federal Trade Commission (FTC) cleared Google (GOOG) of anti-trust allegations earlier this year and, for the moment, the United States government, has blessed Google's approach to privacy, which is to collect as much data as possible without crossing the "creepy line", by making the determination that in the interest of National Security, an individual has no expectation of privacy online. However, Google's approach to privacy is not universally accepted, and has been under tremendous scrutiny in Europe. Over the next few weeks, the European Courts will release their final determination on how to address the concerns over Google's privacy policy, and has made it clear that Google will not get a free pass. These political problems, coupled with legal battles over intellectual property that Google is fighting in the region have the potential to spell disaster for Google's profitability going forward. read more »
Get Seeking Alpha notifications with our iPhone App | Android App
More on GOOG
Buy Facebook And Send Google 'Home'? by Quoth the Raven
Google Can Sink Amazon With Same-Day Shipping by Shlomo Wiesen
Watch Google's Growth In The Asian-Pacific Region by John Mylant
Other articles that mention GOOG
Could Mozilla Firefox OS Upset The Mobile 'Apple Cart'? by Sneha Shah
Android Vs. iOS: Will The iPad Suffer The Same Fate As The iPhone? by Dividend Pros
Wall Street Breakfast: Must-Know News by Wall Street Breakfast
Why are you receiving this? You subscribed to real-time article alerts at Seeking Alpha.
If this email was forwarded to you and you wish to subscribe to this email, click here.
Manage your emails:
Get alerts on additional tickers and manage all your email alert choices here
I'm getting too many emails: manage your email alert choices
I'm no longer following GOOG: unsubscribe from all GOOG email alerts
This type of alert isn't helpful to me: unsubscribe from article alerts on GOOG
To ensure you receive these emails in the future, please add account@seekingalpha.com to your address book, contacts or list of safe senders.
Sent by Seeking Alpha, 345 7th Ave. Suite 1400 New York, NY 10001
No comments:
Post a Comment