SG Talk
Google loses challenge against EU antitrust ruling, US$2.8-billion fine - Printable Version

+- SG Talk (https://sgtalk.net)
+-- Forum: SG Talk (https://sgtalk.net/Forum-SG-Talk)
+--- Forum: Market Talk (https://sgtalk.net/Forum-Market-Talk)
+--- Thread: Google loses challenge against EU antitrust ruling, US$2.8-billion fine (/Thread-Google-loses-challenge-against-EU-antitrust-ruling-US-2-8-billion-fine)



Google loses challenge against EU antitrust ruling, US$2.8-billion fine - Levin - 10-11-2021

10 Nov 2021 06:21PM
(Updated: 10 Nov 2021 07:56PM)


LUXEMBOURG :Alphabet unit Google lost an appeal to a 2.42-billion-euro (US$2.8-billion) European antitrust decision on Wednesday, a major win for the bloc’s competition chief Margrethe Vestager in the first of three court rulings that will strengthen the EU's push to regulate big tech.

......

"The General Court largely dismisses Google's action against the decision of the Commission finding that Google abused its dominant position by favouring its own comparison shopping service over competing comparison shopping services," the Court said.

"Google departed from competition on the merits," judges said.


https://www.channelnewsasia.com/business/google-loses-challenge-against-eu-antitrust-ruling-us28-billion-fine-2303966