Google's 2.4 Billion Euro Fine Upheld By Europe's Top Court in EU Antitrust Probe (cnbc.com) 11
Europe's top court on Tuesday upheld a 2.4 billion euro ($2.65 billion) fine imposed on Google for abusing its dominant position by favoring its own shopping comparison service. From a report: The fine stems from an antitrust investigation by the European Commission, the executive arm of the European Union, which concluded in 2017. The commission said at the time that Google had favored its own shopping comparison service over those of its rivals. Google appealed the decision with the General Court, the EU's second-highest court, which also upheld the fine. Google then brought the case before the European Court of Justice, the EU's top court.
The ECJ on Tuesday dismissed the appeal and upheld the commission's fine. "We are disappointed with the decision of the Court," a Google spokesperson told CNBC on Tuesday. "This judgment relates to a very specific set of facts. We made changes back in 2017 to comply with the European Commission's decision. Our approach has worked successfully for more than seven years, generating billions of clicks for more than 800 comparison shopping services."
The ECJ on Tuesday dismissed the appeal and upheld the commission's fine. "We are disappointed with the decision of the Court," a Google spokesperson told CNBC on Tuesday. "This judgment relates to a very specific set of facts. We made changes back in 2017 to comply with the European Commission's decision. Our approach has worked successfully for more than seven years, generating billions of clicks for more than 800 comparison shopping services."
And Apple must pay 13 bilion euros in taxes (Score:3)
You just have to read to original media note : https://ec.europa.eu/commissio... [europa.eu]
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ha ha (Score:3)
"This judgment relates to a very specific set of facts.
All judgements relate to specific facts. That's how one arrives at them.
We made changes back in 2017 to comply with the European Commission's decision.
Were they sufficient? Did they somehow right the wrongs done before 2017?
Our approach has worked successfully for more than seven years,
Yeah, that's what the lawsuit was about.
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We made changes back in 2017 to comply with the European Commission's decision.
Were they sufficient? Did they somehow right the wrongs done before 2017?
Well, maybe. If not, there may be _another_ 24B fine (or higher). The fine is for what Google did before the changes.
Yeah ok, "Eric" (Score:5, Insightful)
Yeah, so? You making changes doesn't change the fact you broke the law prior to that. And claiming you made changes doesn't absolve you.
Clearly you Google execs have been hearing too much Trumpaganda and think you can just act like him. Not to mention that Eric Schmidt's (you know, the shitty "parental supervisior" while Google was "growing up"?) morality [slashdot.org] (read: total lack thereof) has been part of Google's DNA since the beginning, explaining its corrupt actions.
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I guess you have not read the story. The 7 years is for the appeals Google filed.
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I guess you have not read the story.
... or even the summary:
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I thought you liked it when people were tough on crime?
Criminal claims not to be criminal (Score:1)
What else is new? I guess google missed that anti-tust law has not been corrupted in Europe.