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Google fights EU over $2.6-billion antitrust fine
Google’s decade-long antitrust fight with the European Union is set for more twists and turns this week as the internet giant battles the first in a trilogy of fines that cost the company nearly $9 billion.
The EU’s General Court in Luxembourg will host a three-day hearing starting on Feb. 12 as the Alphabet Inc. unit seeks to topple a 2.4 million-euro ($2.6 billion) penalty in 2017 for thwarting smaller shopping search services.
Lawyers say the court clash will help set the scene for a broader crackdown on U.S. tech giants by Margrethe Vestager, the EU’s competition commissioner. Apple Inc. is separately battling her massive back-tax order and Amazon.com Inc. is currently being investigated for potentially favoring its own products over those of third-party sellers on its platform.
[Bloomberg]
Google’s decade-long antitrust fight with the European Union is set for more twists and turns this week as the internet giant battles the first in a trilogy of fines that cost the company nearly $9 billion.
The EU’s General Court in Luxembourg will host a three-day hearing starting on Feb. 12 as the Alphabet Inc. unit seeks to topple a 2.4 million-euro ($2.6 billion) penalty in 2017 for thwarting smaller shopping search services.
Lawyers say the court clash will help set the scene for a broader crackdown on U.S. tech giants by Margrethe Vestager, the EU’s competition commissioner. Apple Inc. is separately battling her massive back-tax order and Amazon.com Inc. is currently being investigated for potentially favoring its own products over those of third-party sellers on its platform.
[Bloomberg]
