Google appeals record €2.4 billion antitrust fine over manipulated search results

Google today appealed the record €2.4 billion ($ 2.7 billion USD) antitrust fine levied against it by the European Union back in June over allegations the company promoted its own price comparison services over competitors’. The fine is the largest antitrust penalty in the history of the European Commission, the executive body and antitrust watchdog of the EU. Google was asked at the time to alter its practices by September 28th, following the EU’s findings after a seven-year investigation into the company’s allegedly anticompetitive search behavior.

Google’s response with just a few weeks to spare is an expected one, and the Luxembourg-based general court —…

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Google fined a record €2.4 billion by the EU for manipulating search results

Google has been hit with a record-breaking €2.42 billion ($ 2.7 billion) fine by the European Union for breaking antitrust law. The decision follows a seven-year investigation into the US company’s search algorithms, which ended with the judgement that Google had “abused its dominant position by systematically favoring” its own shopping comparison service. Today’s fine is the largest antitrust judgement handed out by the executive body of the EU, the European Commission, topping a €1 billion penalty given to Intel in 2009.

The primary target of the case is Google Shopping, a price comparison feature built into the company’s search engine. The commission’s antitrust filing states that Google showed users…

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