ROB Insight is a premium commentary product offering rapid analysis of business and economic news, corporate strategy and policy, published throughout the business day. Visit the ROB Insight homepage for analysis available only to subscribers.
If the U.K. Parliament’s public accounts committee achieves nothing else in its investigation of multinational tax affairs, it will at least have punctured the corporate ego of Google Inc., perhaps the world’s most pompous company. Margaret Hodge, the chairman of the committee, threw the Internet company’s moralising slogan “Don’t be evil” into the face of Google’s European sales boss, accusing the company of devious, calculated and unethical behaviour. “I think that you do do evil,” she pronounced last week.