icon bookmark-bicon bookmarkicon cameraicon checkicon chevron downicon chevron lefticon chevron righticon chevron upicon closeicon v-compressicon downloadicon editicon v-expandicon fbicon fileicon filtericon flag ruicon full chevron downicon full chevron lefticon full chevron righticon full chevron upicon gpicon insicon mailicon moveicon-musicicon mutedicon nomutedicon okicon v-pauseicon v-playicon searchicon shareicon sign inicon sign upicon stepbackicon stepforicon swipe downicon tagicon tagsicon tgicon trashicon twicon vkicon yticon wticon fm
10 Nov, 2021 10:24

EU court upholds decision to fine Google €2.4bn

EU court upholds decision to fine Google €2.4bn

The European Commission was right to fine Google €2.4 billion over an antitrust breach, a top EU court ruled on Wednesday, rejecting an appeal by the US tech giant.

Google went to the EU General Court after the European Commission ruled in 2017 that the company was squeezing out rival shopping services on its search engine and slapped a huge fine on it.

On Wednesday, the Luxembourg-based court backed the decision by the EU’s executive body.

By favoring its own comparison shopping service on its general results pages through more favorable display and positioning, while relegating the results from competing comparison services in those pages by means of ranking algorithms, Google departed from competition on the merits,” a statement by the General Court read.

Also on rt.com Google to face another legal challenge as EU launches antitrust probe into its advertising unit

Google can appeal against the latest ruling at the European Court of Justice, the bloc’s highest court.

The €2.4 billion penalty was applied to Google following an investigation launched by the European Commission in 2010 after complaints by some European and American competitors.

Despite appealing against the fine and calling it “wrong on the law, the facts, and the economics,” Google complied with the European Commission’s order to change the way its shopping service operated.

It was the first of three antitrust fines, which together amount to €8 billion, handed to the US tech giant in the EU in recent years.

Also on rt.com Google facing another EU antitrust probe over market dominance – reports

The EU has recently intensified its efforts to bring Google and fellow American tech firms Apple, Facebook, Amazon, and Microsoft under control, accusing them of dodging taxes, unfair competition, and undermining democracy by allowing the spread of disinformation.

Think your friends would be interested? Share this story!

Podcasts