Google has been hit with a record-breaking €2.4 billion fine by the EU over its antitrust case
- The European Commission has hit Google with a record-breaking €2.4 billion (£2.1 billion, $2.7 billion) fine in an antitrust case.
- Google has also been ordered to change its practices to promote the shopping services of its competitors or be fined up to 5% of worldwide daily turnover.
- It seems likely to further erode the uneasy relationship between much of Silicon Valley and Europe.
- Europe’s competition commissioner, Margrethe Vestager, hinted it could act as a “precedent” to guide investigations of Google’s other businesses.
- The ruling also opens the door to further legal action being taken against Google by competitors.
- Google said it “respectfully” disagreed and was considering whether to appeal.
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