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Google’s record EU fine might top Intel’s €1.06 billion punishment

June 16th, 2017 at 6:50 AM
Google Search Antitrust Case EU Fine

The European Union has three antitrust investigations into Google’s business practices, including search, Android, and its advertising business. One of them is soon going to come to an end, and Google is facing a record fine in the case, which is expected to top EU’s €1.06 billion ruling against Intel from a few years ago.

Google’s fine could go up to 10% of its yearly revenue, which topped $90.27 billion last year, The Wall Street Journal reports. A decision should be announced in the coming weeks, although Google can still appeal it. In addition to paying the fine Google would likely have to make various changes to its search business in Europe.

The EU started investigating Google’s allegedly abusive search practices in the region all the way back in 2010 and tried to settle the case a few times in the past few years, seeking various concessions from the search giant.

Google, now a subsidiary of Alphabet, the company it created to house all its various business endeavors, failed to meet the requirements of the European Commission. The previous competition commissioner Joaquin Almunia gave in to pressure from states and Google competitors and did not settle the case.

Google is accused of giving special treatment to its own products in search, which is hurting sites that are competing with Google and who depend on internet searches.

Almunia’s success Margrethe Vestager filed charges against Google in April 2015.

The US also investigated Google for its search practices but settled with the company in 2013. Earlier this year, Google was dealt an antitrust blow in Russia, in an Android-related investigation.

Chris Smith started writing about gadgets as a hobby, and before he knew it he was sharing his views on tech stuff with readers around the world. Whenever he's not writing about gadgets he miserably fails to stay away from them, although he desperately tries. But that's not necessarily a bad thing.

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