EU is about to slap Google with €1+ billion fine for abusing search practices
Margrethe Vestager, the European Union's competition commissioner
The European Commission accuses Google of abusing its dominant position in the European search engine market. The service in sight is Google Shopping, which allows users to compare prices of products between different vendors, and the investigators claim that the tech giant is using its own search algorithms to over-represent its service in the search results. If the giant is found guilty, the Commission could impose a fine of up to 10% of the company’s revenues totalling to $90 billion last year, according to Financial Times.
source: Financial Times
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