European Commission fines Google $2.7 bn over Shopping results
by from Techreport on (#2V3PV)
After a long-running investigation, the European Comission is slapping Google with its biggest antitrust-related fine to date. The EC's allegations pertain to years of anti-competitive practices regarding Google search results pointing to the company's own Shopping service to the detriment of competitors' services. Far outstripping the previous record, Google has to pay a2.42 bn ($2.74 billion) to the EU for pointing shoppers at its own shopping platform.
On top of the huge fine, the EC demands that Google change its search algorithm so that competing services are fairly displayed. If the company fails to comply within 90 ...