Technology: From Russia with Anti-Trust Allegations
Industry Focus
The Motley Fool
4.6 • 854 Ratings
🗓️ 18 September 2015
⏱️ 13 minutes
🧾️ Download transcript
Summary
Google is under fire from Russian authorities over competitive issues and the European Union isn’t far behind. Meet the competitor that sounded the horn and learn how the decision from Russia, expected to be finalized next week, could set up Google for a tough battle in Europe.
Transcript
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| 0:00.0 | I've got a fever and the only prescription is talking tech stocks. This is the |
| 0:04.3 | tech edition of Industry Focus. |
| 0:07.9 | Greetings fools I am Sean O'Reilly joining you here at Fool Headquarters in Alexandria, Virginia. |
| 0:16.3 | It is Friday, September 18, 2015, and joining me today is the devilishly handsome, Dylan |
| 0:21.3 | Lewis. |
| 0:22.3 | Today we're talking about the antitrust ruling |
| 0:24.2 | against Google being made by Russia of all countries and how this relates to |
| 0:28.6 | Russia's own version of Google Yandex. Happy Friday, Dylan. Happy Friday indeed. |
| 0:33.2 | T. G. I. Yeah. |
| 0:35.0 | How's it going? |
| 0:36.0 | Pretty good. Good times. |
| 0:37.0 | Yeah, maybe not so great for Google. |
| 0:39.0 | But yeah, so I was, you set the notes over to me earlier and I was like, wait, wait, wait, wait wait what is Russia doing to Google are they just |
| 0:46.1 | picking on them because they're an American corporation like what's the deal here? |
| 0:49.3 | Yeah so earlier this year Yondex which is basically the Russian Google, had complained to the |
| 0:55.1 | countries... |
| 0:56.1 | But it's not Russian for Google. |
| 0:57.1 | No. |
| 0:58.1 | No, that's an important distinction. |
| 1:00.6 | I had complained to the Competition Authority in Russia and basically said that cell phone |
| 1:04.7 | manufacturers were not able to include the company's Google's rival digital offerings |
| 1:11.0 | in Android operating system. |
... |
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