Google to appeal €2.42 billion EU Anti-Trust fine

Ian

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It's not a surprise to hear that Google are appealing their €2.42 billion fine from the EU, with regard to anti-competitive behaviour via their price comparison tools:

In June the EC judged that Google had given the service “an illegal advantage by abusing its dominance in general Internet search” — accusing it of promoting Google Shopping in organic search results while simultaneously demoting rival services — issuing a record-breaking €2.42 billion (~$2.73BN) fine for the antitrust violations.

It’s that decision which Alphabet/Google will be hoping to overturn, buoyed by the fact that earlier this month Europe’s top court, the ECJ, ruled that a lower court should review an earlier failed antitrust appeal by Intel, pertaining to a 2009 €1.06BN EC ruling.

Read more at TechCrunch:
https://techcrunch.com/2017/09/11/google-files-to-appeal-2-73bn-eu-antitrust-fine/
 

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