22:01 GMT +319 August 2018
Listen Live
    Google headquarters in Mountain View, Calif. 2013

    EU Commission Says Fined Google $2.72Bln for Breaching Antitrust Rules

    © AP Photo / Marcio Jose Sanchez
    World
    Get short URL
    150

    The European Commission had fined Google $2.72 billion for abusing dominance as the main search engine.

    MOSCOW (Sputnik) – The European Commission said Tuesday it had fined Google 2.42 billion euros ($2.72 billion) for abusing dominance as a search engine by giving advantage to its own comparison shopping service.

    "The European Commission has fined Google €2.42 billion for breaching EU antitrust rules. Google has abused its market dominance as a search engine by giving an illegal advantage to another Google product, its comparison shopping service," the commission said in statement.

    According to the statement, Google must "now end the conduct within 90 days" or face penalty payments of up to percent of the average daily worldwide turnover its parent company Alphabet.

    "But Google's strategy for its comparison shopping service wasn't just about attracting customers by making its product better than those of its rivals. Instead, Google abused its market dominance as a search engine by promoting its own comparison shopping service in its search results, and demoting those of competitors. What Google has done is illegal under EU antitrust rules. It denied other companies the chance to compete on the merits and to innovate. And most importantly, it denied European consumers a genuine choice of services and the full benefits of innovation," EU Commissioner Margrethe Vestager, in charge of competition policy, said, as quoted by the statement.

    Related:

    Google Draws the Line: 'Cleanup' Plan to Purge YouTube of Terror-Related Content
    Google May Avoid Paying $1.8 Bln in Back Taxes to France
    Robots May Soon Be Able to Reason Like Humans Thanks to Google's DeepMind
    Google Faces $9B Fine in Europe For Manipulating What Users See
    Tags:
    dominance, fine, search, European Commission, Google
    Community standardsDiscussion
    Comment via FacebookComment via Sputnik
    • Сomment