Google loses EU antitrust appeal for favoring shopping service, faces additional legal battles

From NASDAQ.: 2024-09-10 11:33:03

Google has lost its appeal against a $2.7 billion EU antitrust fine for favoring its shopping service. The EU has fined Google €8.25 billion in the last decade for anti-competitive practices. The ruling highlights the EU’s crackdown on Big Tech, with more cases against Google pending.

The Court of Justice of the European Union upheld the 2017 ruling that found Google abused its market dominance. Google faces legal challenges involving its Android mobile operating system and adtech business. The EU is closely scrutinizing Google’s practices as part of broader efforts to regulate Big Tech.

Google’s ongoing legal battles with the EU could lead to further fines and business restructuring. The outcome of these challenges will impact future regulatory actions against tech giants in Europe and beyond. The EU’s determination to rein in Big Tech dominance is evident, with Google facing significant penalties in its legal battle.

The regulatory pressure on Google reflects the EU’s efforts to ensure fair competition and protect consumer interests. As Google navigates these challenges, its success in the region will depend on how it addresses the ongoing legal issues. Further rulings could bring about significant changes for Google and other tech companies operating in Europe.



Read more at NASDAQ.: Google Faces More Legal Battles After Losing $2.7 Billion EU Antitrust Appeal