Google is facing a fine up to $6 billion by the European Union.
CNN Money is reporting the EU is concerned with the way Google favors its own search results above those of its competitors. An example in their coverage shows a search for “running watch” returning results from companies that paid Good to advertise rather than relevant listings from rivals such as Amazon.
Europe’s top anti-trust official Margrethe Vestager stated that dominant companies can’t abuse their dominant position to create an advantage in related markets.
The European Commission has been probing Google’s business practices for five years, through two different commissioners.
Google has 10 weeks to respond to the EU’s complaint. If they don’t settle, a lengthy court battle is expected. The search giant hve already stated they respectfully but strongly disagree and look forward to making their case.
CNN Money has more, including Google already losing its battle over the “right to be forgotten” law and about the EU being notoriously harsh on U.S. tech companies.
CLICK HERE to read more.
Leave a Reply