Google loses court battle over $2.7 billion EU antitrust fine | Google antitrust Case

Google loses court battle over .7 billion EU antitrust fine | Google antitrust Case



Alphabet’s Google lost its fight against a 2.42 billion euro fine from EU antitrust regulators for using its own price comparison shopping service to gain an unfair advantage. The Court of Justice of the European Union upheld the decision, stating that abusive exploitation of a dominant position is prohibited by EU law. Google has accumulated 8.25 billion euros in antitrust fines in the last decade and is facing additional charges that could impact its adtech business. The company is challenging these rulings and awaiting judgments.





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