Thursday, April 19, 2012

Grown too rich, too powerful to punish

According to the Washington Post, Google has been under scrutiny in the U.S., Canada, France and the Netherlands for charges that it illegally collected WiFi data using its Street View cars.
"...the company said the cars, which roam the world taking pictures for its location-based applications, scarfed up e-mail addresses, URLs and passwords from residential Wi-Fi networks they passed by in dozens of countries.
The American Securities and Exchange Commission fined the company $25,000, saying,
“For many months, Google deliberately impeded and delayed the Bureau’s investigation by failing to respond to requests for material information and to provide certifications and verifications of its responses.,”
Let's try to put than penalty into more understandable perspective.

Google had $72 billion in assets at the end of 2011 and HRSDC reports the median assets of Canadian families at $229,930.

Punishing Google with a fine of $25,000 is equivalent to charging a Canadian family eight cents.
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