Google Inc. (GOOG): Quick Hits from France, Germany

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Google Inc. (NASDAQ:GOOG) Рone of the top stock plays among equity hedge funds we track Рhas been making news in Europe ad infinitum over various privacy, security and antitrust issues. Google has been working in several countries throughout the European Union Рattorneys on one hand, lobbyists on the other Рin order to manage its business model around the rather stringent privacy protection and antitrust regulations in the EU. Friday, Google is part of some news coming out of two countries Рas it will be called to the carpet in France, and the company celebrates a victory in Germany in the middle of a legislative process.

In the first report, the French National Commission for Computing and Civil Liberties (CNIL) is not very happy with Google Inc. (NASDAQ:GOOG), and is reporting that it will ask executives to explain itself as it charges that Google has not followed through on recommended privacy protection policy changes. Last year, Google merged all of its user information databases from its various online web site properties and created a single master database, which French officials say violate its recommended policy changes. By October of last year, the French officials as well as Britain’s information commissioner gave Google four months to change the policy or face legal action. Now, the term “repressive action” is being mentioned. There is no legal dictionary readily available to determine what that means.

Google Inc (NASDAQ:GOOG)Google Inc. (NASDAQ:GOOG) contends that its changes are compliant with European law. A spokesman said, “Our privacy policy respects European law and allows us to create simpler, more effective services. We have engaged fully with the CNIL throughout this process and will continue to do so going forward.”

Next door, in Germany, Google Inc. (NASDAQ:GOOG) seems to have sprayed water on copyright law.

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