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The problem with that plan is that if Google were to release such a service in the EU, the EU would then fine Google for using their search monopoly to prop up a service in another industry (News). The EU did something similar when Google used their search monopoly to promote Google Shopping.

EU is gonna EU.

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Sure, but if google decides to pull out of european news, someone else might find it an attractive idea. And , considering that (if this passes) EU will have made it impossible for a european company to do that, it will be somewhere outside the EU.

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