{"id":131789,"date":"2024-09-10T18:32:03","date_gmt":"2024-09-10T18:32:03","guid":{"rendered":"https:\/\/news.talkwithrattan.com\/index.php\/2024\/09\/10\/google-loses-fight-against-2-7-billion-eu-antitrust-fine\/"},"modified":"2024-09-10T18:32:04","modified_gmt":"2024-09-10T18:32:04","slug":"google-loses-fight-against-2-7-billion-eu-antitrust-fine","status":"publish","type":"post","link":"https:\/\/news.talkwithrattan.com\/index.php\/2024\/09\/10\/google-loses-fight-against-2-7-billion-eu-antitrust-fine\/","title":{"rendered":"Google Loses Fight Against $2.7 Billion EU Antitrust Fine"},"content":{"rendered":"<div style=\"text-align:center\"><img loading=\"lazy\" decoding=\"async\" width=\"1200\" height=\"675\" src=\"https:\/\/i1.wp.com\/i.gadgets360cdn.com\/large\/google_bloomberg_1692943455694.jpg?resize=1200,675&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"Google Loses Fight Against .7 Billion EU Antitrust Fine\" title=\"Google Loses Fight Against .7 Billion EU Antitrust Fine\" \/><\/div><p> <br \/>\n<\/p>\n<div>\n<p>Alphabet&#8217;s Google on Tuesday lost its fight against a EUR 2.42 billion ($2.7 billion or roughly Rs. 22,673 crore) fine levied by EU antitrust regulators seven years ago, one of a trio of hefty fines meted out to the company for various anti-competitive practices.<\/p>\n<p>The European Commission fined the world&#8217;s most popular internet search engine in 2017 for using its own price comparison shopping service to gain an unfair advantage over smaller European rivals.<\/p>\n<p>A lower tribunal had endorsed the EU competition enforcer&#8217;s decision in 2021, prompting <a class=\"sp_lnk2\" href=\"https:\/\/www.gadgets360.com\/tags\/google\">Google<\/a>\u00a0to appeal to the Luxembourg-based Court of Justice of the European Union.<\/p>\n<p>CJEU judges noted that EU law does not sanction the existence of a dominant position, but its abusive exploitation.<\/p>\n<p>&#8220;In particular, the conduct of undertakings in a dominant position that has the effect of hindering competition on the merits and is thus likely to cause harm to individual undertakings and consumers is prohibited,&#8221; they said.<\/p>\n<p>Google has racked up EUR 8.25 billion (roughly Rs.76,436 crore)\u00a0in EU antitrust fines in the last decade. It has challenged two rulings involving its <a class=\"sp_lnk2\" href=\"https:\/\/www.gadgets360.com\/tags\/android\">Android<\/a>\u00a0mobile operating system and AdSense advertising service, and is now waiting for the judgments.<\/p>\n<p>It is also fighting EU antitrust charges issued last year that could force it to sell part of its lucrative adtech business after regulators accused it of favouring its own advertising services.<\/p>\n<p>The case is C-48\/22 P Google and Alphabet v Commission (Google Shopping).<\/p>\n<p><em>\u00a9 Thomson Reuters 2024<\/em><\/p>\n<p><i>(This story has not been edited by NDTV staff and is auto-generated from a syndicated feed.)<\/i><\/p>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.gadgets360.com\/apps\/news\/google-lose-antitrust-fight-eu-usd-2-7-billion-6533836#rss-gadgets-news\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Alphabet&#8217;s Google on Tuesday lost its fight against a EUR 2.42 billion ($2.7 billion or roughly Rs. 22,673 crore) fine levied by EU antitrust regulators seven years ago, one of a trio of hefty fines meted out to the company for various anti-competitive practices. The European Commission fined the world&#8217;s most popular internet search engine [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":131790,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","fifu_image_url":"https:\/\/i.gadgets360cdn.com\/large\/google_bloomberg_1692943455694.jpg","fifu_image_alt":"","footnotes":""},"categories":[607],"tags":[1964,1289,4990,4822,286,1098,105910,7343,9035],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts\/131789"}],"collection":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/comments?post=131789"}],"version-history":[{"count":1,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts\/131789\/revisions"}],"predecessor-version":[{"id":131791,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts\/131789\/revisions\/131791"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/media\/131790"}],"wp:attachment":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/media?parent=131789"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/categories?post=131789"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/tags?post=131789"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}