hulika

Author Topic: EU fines Google a record 2.4 billion euros in antitrust case  (Read 161 times)

Offline mozart123

  • Philmusicus Addictus
  • *****
The European Union slapped a record 2.42 billion-euro ($2.72 billion) fine on internet giant Google on Tuesday for taking advantage of its dominance in online searches to direct customers to its own online shopping business.

European regulators gave the company based in Mountain View, California, 90 days to stop or face more fines of up to 5 percent of the average daily worldwide revenue of parent company Alphabet.

Google says it is considering an appeal.

The European Commission, which polices EU competition rules, alleges Google elevates its shopping service even when other options might have better deals.

The Commission said Google "gave prominent placement in its search results only to its own comparison shopping service, whilst demoting rival services. It stifled competition on the merits in comparison shopping markets."

http://abcnews.go.com/Technology/wireStory/eu-fines-google-record-242-billion-euros-48297651


check out my new page:Condo for sale Luzon.

Offline iamppej

  • Philmusicus Addictus
  • *****
Re: EU fines Google a record 2.4 billion euros in antitrust case
« Reply #1 on: June 28, 2017, 06:23:44 AM »
laki nun aa.
If there is no music there is no life!  Just like If there is no GOD there is no LIFE!