Google issued with record multibillion dollar fine

Sundar Pichai
Google CEO Sundar
Author

30 June, 2017

The commission's decision, following a seven-year investigation into Google's dominance in searches and smartphones, suggests the company may need to fundamentally rethink the way it operates.

As the European Union official in charge of competition policy, commissioner Margrethe Vestager, spelled out the case against Google, she denied accusations that Brussels had a bias against United States firms, claiming the tech giant had been guilty of an "old school" form of illegality. Google has 90 days to rectify the issue, or else it will face fines equivalent to 5 percent average daily worldwide turnover of Alphabet, Google's parent company.

According to the report, Google rigged the search results to benefit its product comparison service Google Shopping.

The European Union on Tuesday slapped technology giant Google with a record fine of 2.42 billion euros or $2.7 billion for breaching European Union (EU) antitrust rules by abusing the monopoly it enjoys over internet search.

Silicon Valley may have been dealt a serious blow by the European Commission's decision to serve Google a historic $2.7 billion antitrust fine.

As part of parent firm Alphabet, Google could have been slapped with a charge of up to $9 billion USA based on its 2016 turnover.

"When you shop online, you want to find the products you're looking for quickly and easily", Walker said. "Advertisers also want to market those same items, which is why Google displays these ads", Google said in reply to the conviction.

SNES Classic Will Have Longer Controller Cord Than NES Classic
This is similar to the NES Classic, which Nintendo says that it had only planned to ship for the Christmas 2016 shopping season. This should mean you'll be able to walk into a store or click on a "buy" link without everything going to shit.

Off-duty cop tackles airline passenger opening emergency exit
One of the passengers told KHOU a fellow passenger was acting unusual before she even boarded the plane at LAX Sunday morning. Witnesses said the woman "tore off" parts of the emergency exit door when she tried to force it open.

Oilers trade forward Jordan Eberle to Islanders for centre Ryan Strome
Edmonton will play each divisional opponent four times, with the exception of the Calgary Flames, who they will face five times. A native of Mississauga, Ontario, Strome has accumulated 45 goals and 81 assists for 126 points in 258 career games.

"We think our current shopping results are useful and are a much-improved version of the text-only ads we showed a decade ago". 'We will review the Commission's decision in detail as we consider an appeal, and we look forward to continuing to make our case'.

Walker said the search results displayed by the company are "the result of hard work and constant innovation, based on user feedback". She said hundreds of companies, including some based in the USA, complained about the way Google displayed its shopping service.

The European Commission has handed down a staggering €2.4 billion fine in one of its antitrust probes against Alphabet subsidiary Google.

The company has also been accused of blocking rivals in online search advertising.

European Union regulators fined Google almost $3 billion Tuesday because of the company's alleged anticompetitive dominance as a search engine.

Her move against Google risks attracting further criticism that she's unfairly singled out USA companies. Google is considering an appeal.


More news


  • John Cornyn Says The GOP Health Care Bill Is A Compromise

    John Cornyn Says The GOP Health Care Bill Is A Compromise

    Senate Majority Leader Mitch McConnell is insisting on a vote this week before lawmakers leave town for the July 4th recess. Without the mandate, insurance pools will have fewer healthy, younger individuals in their systems.
    Scalise ally, a Dem, leads fight to boost lawmaker security

    Scalise ally, a Dem, leads fight to boost lawmaker security

    Alex Jahangir, an orthopedic trauma surgeon at Vanderbilt University Medical Center, who was not involved in Scalise's care. The Friday visit announced by Ryan's staff comes with Scalise in critical condition at MedStar Washington Hospital Center .
    Diego Costa Talks with Atleti, Robert Lewandowski Rumours

    Diego Costa Talks with Atleti, Robert Lewandowski Rumours

    Main striker Chelsea Diego Costa before the closure of the summer transfer window may leave the club. This effectively rules out Chelsea's preferred solution to the mess they are in with Costa.
  • Scottish leader delays second independence vote

    Scottish leader delays second independence vote

    For now, Sturgeon restated her plea for May to allow Scottish ministers to join the negotiations between London and Brussels. Another Scottish independence referendum must be approved by May's government for it to be legally binding.
    Microsoft isn't making a profit with their new Xbox One X console

    Microsoft isn't making a profit with their new Xbox One X console

    The Xbox One X is the more powerful console when compared to the PS4 Pro - and for $100 more, it absolutely has to be. Xbox empowers game developers around the world to create different types of games for every type of player.

    Queensland beats New South Wales 18-16 in State of Origin

    Valentine Holmes finished off a spectacular Queensland try for first blood but the lead lasted just five minutes. Will the NSW Blues turn back the Queensland Maroons tide? All experienced trying nights at stages.
  • As Migration Surges, Italy Weighs Barring Some Rescue Boats

    As Migration Surges, Italy Weighs Barring Some Rescue Boats

    Other countries, such as Poland, have refused to host asylum seekers and lighten Italy's load. Italy has become the main point of arrival for all of those rescued off the coast of Libya.

    Blue Jays closer Roberto Osuna feeling 'weird,' mentally off

    Salvador Perez doubled with one out against Ryan Tepera , who had gotten the final out of the eighth inning. The probables for Saturday's matinee are Marco Estrada for the Blue Jays and Jason Vargas for the Royals.

    Finally, Britain kicks off Brexit negotiations with EU

    Despite the government's posturing, the European Union was clear today it has not made a single concession to David Davis . Both the European Union and Britain said earlier this year that they want to keep it that way after Brexit .
  • Detroit has the best drivers in America

    Detroit has the best drivers in America

    The final rankings are a sum of weighted means which is calculated from total accidents, speeding tickets, DUI, citations. The website said that the worst drivers in the country are in Sacramento followed by Salt Lake City.

    Australian Open: Kidambi Srikanth to take on China's Shi Yuqi in semis

    Shi grabbed three straight points but another rally ended with his shuttle going long as Srikanth moved to 16-11. The second game too saw similar start to it as Srikanth was leading by two points at the interval.
    HWL Semi-Finals: Inconsistent India eye redemption against Pakistan

    HWL Semi-Finals: Inconsistent India eye redemption against Pakistan

    In other quarter finals fixtures, India will face off against Malaysia , Netherlands against China and England against Canada. While the Indians played attacking hockey, the Malaysians preferred to sit back and defend and rely on counter-attacks.