Saijo George

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thursday11 Nov 2021

Google Loses Antitrust Battle With EU As Court Upholds 2017 Order To Pay $2.8 Billion Fine

https://www.cnbc.com

The EU’s General Court ruled Wednesday that the European Commission was right in fining Google for an antirust breach — in what represents a landmark moment for EU policy which could impact the business models of major tech players.

The ruling comes after the European Commission, the executive arm of the European Union, said in 2017 that Google had favored its own comparison shopping services and fined the company 2.42 billion euros ($2.8 billion) for breaching antitrust rules. Alphabet-unit Google contested the claims using the EU’s second-highest court.

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