Tuesday, 27 June 2017

Google Fine €2.4B By European Commission For Breaking Antitrust Law

This must be a bad moment for Google as the have been slapped with a €2.42 billion fine ($2.7 billion) for tampering with results on Google Shopping. This decision comes after seven years of investigation, which concluded with ruling that Google abused its dominant market position and fixed search algorithms.

judgment had it that Google must change its algorithm and must treat rival shopping services the same way it treats its own.

The EU competition commissioner Margrethe Vestager praised Google for the innovative products but pointed out that it also abused its market dominance.

The ruling can be appealed so we might not have seen the end of it. Google is currently under fire on two more cases - the AdSense business and its relations with Android phone manufacturers.

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