The General Court of the European Union in Luxembourg In force (PDF) The European Commission’s decision to slap Google with a record € 2.42 billion (US $ 2.8 billion) for an antitrust case in 2017. After a lengthy investigation, the commission decided that the tech giant was in favor of its own comparative shopping services. And unfairly points users to its own product rather than its competitors. The 2.8 billion fine is just a fraction of the alphabet (Google’s parent company). ায়ন 2 trillion valuation, But it was the biggest financial penalty the commission has handed over.
The court said in a statement:
“The Court of Appeals finds that its general comparative shopping pages support its own comparable shopping service through more favorable display and positioning, while ranking algorithms exclude results from competing comparison services on those pages, leaving Google out of competition on merit.”
Although the general court is mostly Sided The Commission’s findings that Google’s actions had a detrimental effect on comparative purchases do not agree with one element in the case of the EU. As The Wall Street Journal Of note, it says regulators have not been able to prove that the company’s behavior has hurt competition among general search engines.
When it appealed the EU’s decision, Google argued that the commission had ignored competition from Amazon in the e-commerce sector. The company may again appeal against the decision of the general court in the EU’s highest court, the European Court of Justice. A spokesman said JournalHowever, the company still needs to review the verdict more closely before deciding to file another appeal.
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