Article 5RRZF Google loses challenge against EU antitrust ruling, $2.8-bln fine

Google loses challenge against EU antitrust ruling, $2.8-bln fine

by
Thom Holwerda
from OSnews on (#5RRZF)

Alphabet unit Google lost an appeal against a 2.42-billion-euro ($2.8-billion) antitrust decision on Wednesday, a major win for Europe's competition chief in the first of three court rulings central to the EU push to regulate big tech.

Competition Commissioner Margrethe Vestager fined the world's most popular internet search engine in 2017 over the use of its own price comparison shopping service to gain an unfair advantage over smaller European rivals.

The shopping case was the first of three decisions that saw Google rack up 8.25 billion euros in EU antitrust fines in the last decade.

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