Google 'faces €1bn penalty' in EU antitrust case

Antitrust fine could be even greater than Intel's 2009 penalty - report

The EU may fine Google up to 1 billion (876 million) for allegedly abusing its market dominance by favouring its Google Shopping service over other shopping platforms.

The penalty would draw the EU's seven-year antitrust investigation to a close, The Financial Times has revealed, relying on "two people familiar with the case".

While neither the EU nor Google have commented, this latest competition claim would be the first of three investigations into Google's antitrust case to come to a head.

This particular investigation is being led by Margrethe Vestager, Europe's competition commissioner, who has come under pressure from politicians in Paris and Berlin to look into the way Google operates and specifically, surfaces its Google Shopping results, which are paid for by organisations as a form as advertising.

Authorities claim this is an unfair way of operating, suggesting those who pay the giant will get more exposure compared to those that don't - even though Google's job as a search engine is to ensure the results it shows on its pages are fair and relevant to consumer searches.

Last year, Vestager slapped Google with a record-breaking 13 billion tax bill, which strained relations between the EU and US.

The 1 billion penalty would be the biggest fine to hit a technology company since Intel was fined 1.06 billion in 2009 for using illegal practices to convince computer makers to use its chips rather than those manufactured by competitors.

Featured Resources

The complete guide to changing your phone system provider

Optimise your phone system for better business results

Download now

Simplify cluster security at scale

Centralised secrets management across hybrid, multi-cloud environments

Download now

The endpoint as a key element of your security infrastructure

Threats to endpoints in a world of remote working

Download now

2021 state of IT asset management report

The role of IT asset management for maximising technology investments

Download now

Most Popular

Do smart devices make us less intelligent?
artificial intelligence (AI)

Do smart devices make us less intelligent?

19 Oct 2020
Best MDM solutions 2020
mobile device management (MDM)

Best MDM solutions 2020

21 Oct 2020
What is Neuralink?

What is Neuralink?

24 Oct 2020