EU court advised to uphold EU antitrust fine of €2.42 billion for Google

 • 25888 переглядiв

The EU's judicial advisor recommends that Google's €2.42 billion antitrust fine for unfair competition be upheld.

An EU antitrust fine of 2.42 billion euros ($2.7 billion) on Alphabet's unit should be upheld by Europe's highest court, the court's counsel said on Thursday, dealing a potential blow to the world's most popular Internet search engine, writes UNN citing Reuters.

Details

The European Commission fined the company in 2017 for using its own price comparison service to gain an unfair advantage over smaller European competitors.

The shopping case was the first of three EU rulings that have resulted in Google being fined a total of €8.25 billion over the past decade.

Juliana Kokott, Advocate General of the Court of Justice of the European Union (CJEU), said judges must approve the fine.

"Google, as established by the (Euro)Commission and confirmed by the General Court, used its dominant position in the market for general search services to favor its own price comparison service in preference to the display of its results," it said.

Judges who follow most of these non-binding recommendations will issue their rulings in the coming months. In 2021, a lower court sided with the EU competition authority.

Google said it would review the opinion and await the court's decision.

"Regardless of the appeal, we continue to invest in our remedy, which has been successful for several years, and will continue to work constructively with the European Commission," the spokesperson said.

EU antitrust chief Margrethe Vestager plans to meet with Alphabet CEO Sundar Pichai and other leaders of major tech companies in the U.S. later Thursday to discuss competition and digital issues.

Google also challenged two other decisions involving the Android mobile operating system and the AdSense advertising service.

Google is laying off hundreds of people amid cost cuts11.01.2024, 13:00

Julia Shramko Economy
Popular
Drones attacked the "Minudobreniya" plant in Russia's Voronezh region

 • 5764 переглядiв

Massive internet outage in Russia, banks and public services not working

 • 11168 переглядiв

Iran's Supreme Leader made a rare public statement

 • 8422 переглядiв

My conscience doesn't bother me - Topolya on divorce from his wife

 • 10837 переглядiв

Trump said Iran could be "destroyed" overnight, and that night "might" be Tuesday

 • 7442 переглядiв

News by theme
EU court advised to uphold EU antitrust fine of €2.42 billion for Google

 • 25888 переглядiв

Woman wounded in Kherson as a result of Russian shelling

 • 24881 переглядiв

Groysman's ally defends Moscow Patriarchate

 • 24610 переглядiв

Kuleba and Yermak to meet with Siyarto in Uzhhorod at the end of January - MFA

 • 22486 переглядiв

In Dnipro, a group of criminals who kept fifty people in labor slavery were exposed

 • 20936 переглядiв