Google lodges ECJ appeal against €2.4bn fine

Google announced it will challenge the fine levied by the EU in June following a court decision on a similar case with Intel

Google announced it will challenge the fine levied by the EU in June following a court decision on a similar case with Intel

Google faces a further fine amounting to 5% of the average daily global earning of its parent company Alphabet (NASDAQ:GOOG) if it continues its practices after the deadline.

The EU's competition commission had ruled that Google abused its dominant position to favor its own shopping comparison service in internet searches, ordering the company to stop the practice by September 28. A Google spokesperson confirmed the appeal filed but denied making any further comments. Google has previously said it disagreed with the European Union decision and had indicated it would file an appeal.

Paul Clement surprised by Swansea performance in loss to Newcastle
It's a good team, a great group that's got us promoted. We need Rafa back as soon as possible. "He said we are now under way".

The company was expected to appeal the fine, which was the largest ever penalty issued by the regulator, after saying it had "respectfully disagreed" with the ruling.

The commission's fine of €2,424,495,000 was said to take into account the "duration and gravity of the infringement", and was based on Google's revenue from its comparison shopping service in the 13 countries where the illegality occurred.

President Trump enjoins Kuwait, Arab nations to fight their shared enemies
Kuwait is a staunch American ally trying to mediate a festering diplomatic crisis involving Qatar and its Arab neighbors. He noted that Qatar had been presented with a list of 13 demands by the other countries and was willing to discuss them.

"What Google has done is illegal under EU antitrust rules", EU Commissioner Margrethe Vestager at the time.

While the Google case is not the same as that of Intel, the judgment has been welcomed by companies under European regulatory scrutiny because it raises the bar for the regulator to prove wrongdoing.

China Is Said to Ban Bitcoin Exchanges While Allowing OTC Trades
China is home to vast and lucrative cryptocurrency mining operations for both Bitcoin , Ethereum , and other cryptocoins. BTC China, the second-largest exchange, has responded to the crackdown with its own statement.

For its part, Google was found guilty of misusing its search engine to promote another service, "Google Shopping", previously known as Google Product Search and Froogle, causing traffic drops of up to 90 percent for its competitors. The first relates to Android, its operating system on a smartphone, and the second AdSense, its advertising network.

Latest News