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Google faces a new fine from the EU

2017-07-05 15:51 by

 

Search giant Google has been fined $2.7 billion by the European Commission for abusing its monopoly. The commission claims that the company had "breached EU antitrust rules" with its shopping search business, and "abused its market dominance as a search engine".

Google has allegedly unfairly favored its own comparison-shopping service over other merchants' services. These merchants pay Google each time its ad is clicked. Google's competitors have experienced plummeting traffic over the years.

But Google's antitrust problems in the EU are far from over, as EU is conducting two additional probes, one focusing on Android, and one on the AdSense business. The EU might soon reveal a verdict in the Android case, and Google faces a second record fine.

Read more -here-

 

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