Category: News

Google’s $6 Billion Miscalculation on the EU – Bloomberg Business

Google also started pointing users searching for photographs (of a celebrity, for example) to large high-definition images presented in an easy-to-scroll-through carousel. Photo agencies such as Getty Images, which had its own photo search engine, saw their traffic plummet. Even worse, some Getty clients stopped paying to license pictures because they could easily copy them off Google. “Google became the No. 1 source for the piracy of images,” says John Lapham, general counsel at Seattle-based Getty, which became an official complainant to the EU antitrust case in June.

Link:
http://www.bloomberg.com/news/features/2015-08-06/google-s-6-billion-miscalculation-on-the-eu?cmpid=BBD080615_BIZ