In what seems to be an ongoing way of life for Google (NASDAQ:GOOG), they are again being probed, this time by the European Union in regard to alleged anti-trust issues.
They are attempting to find out whether or not Google has been locking out its competitors.
Susquehanna analyst Marianne Wolk said, “Today’s announcement is not news to most investors,” and said she still has a "Buy" on them. The implication is anti-trust probes are probably already priced into the stock of Google because of their enormous success.
Wolk added that not only has this been a present issue for Google, but is sure to be part of their future as well.
Odd that the socialist European Union, which is failing economically, is attempting to punish a company that dominates because of excellence.
If they stopped attacking businesses and entrepreneurship, and decided to stop making financial promises they can't keep, they wouldn't be in the disastrous and dangerous situation they find themselves in.
Instead they've created a culture of entitlement which is about to pay them back big for not coming through for them.
They need to go over the real economic conditions of the failing and lying nations in the region, rather than focus on comparatively small issues like Google.
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