Google Faces Multibillion Fine in EU Antitrust Case
Jan 11, 2024 16:59
A legal advisor recommends a hefty fine for Google in a long-running antitrust case where the company was found to unfairly favor its own shopping service.
London, Jan 11 (AP) A legal adviser to the European Union's top court said on Thursday that Google should pay a whopping fine in a long-running antitrust case in which regulators found the company gave its own shopping recommendations an illegal advantage over rivals in search results.
The European Court of Justice's advocate general, Juliane Kokott, recommended rejecting the US search giant's appeal of the 2017 penalty. In a legal opinion, Kokott also proposed upholding the 2.4 billion euro (USD 2.6 billion) fine that the European Commission, the 27-nation bloc's top competition watchdog, slapped on Google.
The commission had accused the company of unfairly directing visitors to its own Google Shopping service to the detriment of competitors. It was one of three multibillion-euro fines that the commission imposed on Google in the previous decade as Brussels started ramping up its crackdown on the tech industry.
Google appealed to the top EU tribunal after the lower General Court rejected its challenge. Opinions by the Court of Justice's advocate general aren't legally binding but are often followed by its judges. Their final decision is expected within months.
Google, as found by the Commission and confirmed by the General Court, was leveraging its dominant position on the market for general search services to favour its own comparison shopping service by favouring the display of its result, the Court of Justice said in a press summary of the opinion.
This self-preferencing amounts to "an independent form of abuse by Google, it said.
Google has previously said it made changes in 2017 to comply with the European Commission's decision.
We will review the opinion of the Advocate General and await the final decision of the court," Google said in a statement. "Irrespective of the appeal, we continue to invest in our remedy, which has been working successfully for several years, and will continue to work constructively with the European Commission.
The commission declined to comment.(AP)
DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.
You May Like To Read
MORE NEWS
MF AUM to Cross Rs 300 Lakh Cr by FY35: Report
Mutual fund AUM projected to exceed Rs 300 lakh crore by FY35, driven by retail...
Areca & Coconut Prices in Mangaluru
Areca and coconut prices in Mangaluru on Tuesday. Check the latest market rates for old...
Gold & Silver Futures Drop Ahead of Fed Outcome
Gold and silver futures decline as traders book profits before the Fed policy decision....
AMSL to Invest Rs 1,500 Cr in Telangana Defence...
Apollo Micro Systems Ltd (AMSL) signs MoU with Telangana to invest Rs 1,500 crore in...
Commodities Prices Today
Daily commodities prices in Bengaluru. Check the latest rates for rice, jowar, jaggery,...
Sahaj Insurance Gets IRDAI Licence, Targets 10...
Sahaj Insurance gets IRDAI corporate agency licence, aiming to sell 10 crore insurance...
Welspun One Invests Rs 550 Cr in Pune Logistics...
Welspun One to invest Rs 550 crore in a 1.2 million sq ft Grade-A logistics park in...
HRS Aluglaze IPO Opens Dec 11 | SME IPO
HRS Aluglaze''s Rs 50.9 cr SME IPO opens Dec 11. Price band Rs 94-96. Funds to fuel...
Vingroup Invests USD 3 Billion in Telangana
Vingroup to invest USD 3 billion in Telangana across smart urban development, electric...
ATGC Biotech & Luxembourg Industries JV
ATGC Biotech and Luxembourg Industries form Semiophore Ltd, a joint venture for crop...
Read More »