Tuesday, June 27, 2017

Google hit with record EU $2.7bn fine, its own shopping top of search results

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Google has been fined €2.4bn ($2.7bn; £2.1bn) by the European Commission after it ruled the company had abused its power by promoting its own shopping comparison service at the top of search results.

The amount is the regulator’s largest penalty to date against a company accused of distorting the market.

The ruling also orders Google to end its anti-competitive practices within 90 days or face a further penalty.

The US company may decide to appeal.

Google had previously suggested that Amazon and eBay had more influence over the public’s spending habits and that the commission’s views “failed to fit the reality of how most people shop online”.

However, the decision could set a precedent that determines how the EU’s civil service handles related complaints about the prominence Google gives to its own maps, flight price results and local business listings within its search tools.

Source: Google hit with record EU fine over Shopping service – BBC News


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