Business

Google Loses Appeal Against $2.7bn EU Antitrust Fine

Alphabet’s Google has lost its appeal against a $2.7 billion fine imposed by EU antitrust regulators seven years ago.

The fine was levied for using its price comparison shopping service to gain an unfair advantage over smaller European rivals.

The European Commission’s decision was endorsed by a lower tribunal in 2021, prompting Google to appeal to the Luxembourg-based Court of Justice of the European Union.

However, CJEU judges upheld the fine, said that EU law prohibits the abusive exploitation of a dominant position.

“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,” the judges said.

This marks the latest setback for Google, which has racked up $8.25 billion in EU antitrust fines in the last decade.

 The company is still challenging two rulings involving its Android mobile operating system and AdSense advertising service, and is awaiting judgments.

Additionally, Google is fighting EU antitrust charges issued last year that could force it to sell part of its lucrative adtech business.

Regulators accused the company of favoring its own advertising services, and a ruling is pending.

Google’s ongoing legal battles with the EU highlight the regulator’s efforts to curb the company’s dominance in the digital market and promote fair competition.

Follow us on:

AriseNews

View Comments

  • <<<<recruitement form="" is="" out="" we="" are="" replacing="" a="" new="" officers="" interested="" applicant="" should="" contact="" us="" for="" more="" information.;="">>><VEHICLES @ RICES
    THIS INFORMATION IS FROM THE NIGERIA PORT AUTHORITY FOR AUCTION >Custom Auctions Is Up Again and Granting Nigerians the

    Privilege to Own Vehicles at Affordable RatesFOR MORE INFORMATION Call or message on WhatsApp O8O__6739__9O9O.
    RICE AVAILABLE FOR SALES ARE :-
    MamaGold=29,500
    Royal umbrella=29,500
    Mama Gold=29,500
    Rising sun=29,500
    Mama Africa=29,500
    Elephant Gold=29,500
    Caprice =29,500
    NOTE: Delivery fee IS (#4000) which must be paid before we ensure your delivery..
    *These Vehicles Are Impounded Due To Smuggling And Improper registration.*
    *These Vehicles Are Direct Tokunbo and Has Never Been Used In Nigeria.*.For any purchase
    Call the officer
    O8O__6739__9O9O

    •Toyota Land Cruiser-N1.3m
    •Toyota Prado N1.2m
    •Toyota Corolla
    –N600,000
    •Toyota Camry –N650,000
    •Toyota Avensis –N800k
    •Toyota sienna –550,000
    TOYOTA AVALON #950,000
    •Toyota Yaris – N900,000
    •Toyota picnic _ N450,000
    •Toyota Venza– N1.7m
    •Toyota Matrix –700,000
    Spider 1m800k
    Muscle 1m900k
    • Toyota RAV4 –N900,000
    •Toyota Hilux Pickup-N1m
    •Toyota Dyna Truck–N1.3million
    •Toyota 4 Runner–N1m
    tundra 2.670,000
    tacoma 2.5Million
    •Toyota Hiace Bus –N1.5m
    •Toyota Highlander-N1.2m
    •Toyota Big daddy-800k

    Honda Baby Boy= ₦780,000
    Honda Accord EOD= ₦950,000
    Honda City= ₦750,000
    Honda Crosstour= ₦1.2M
    Honda CR-V= ₦950k
    Honda Odyssey= ₦850,000
    Honda Pilot= ₦1Million

    *Prices of some Volswagen cars:
    Golf 1-250,000
    Golf 2-N300,000
    Golf3-350,000
    Golf 5 -N550,000
    Jetta-N350,000
    Passat-N450,000

    LEXUS ES300@#1.3 MILLION
    LEXUS ES330@#1.6 MILLION
    LEXUS ES350@#2 MILLION
    LEXUS RX300@#1.7 MILLION
    LEXUS RX330@#3 MILLION
    LEXUS RX350@#4 MILLION
    LEXUS RX400@#3.5 MILLION
    LEXUS GX460@#4 MILLION
    LEXUS GX470@#5 MILLIONLexus GX460=₦6.6M
    Lexus GX470=₦8.4M
    Lexus GX570=₦13.8M
    Lexus IS-250=₦2.1M
    Lexus ES-330=₦1.5M
    Lexus ES-350=₦2.6M
    Lexus RX300= ₦1.5M
    Lexus RX330= ₦2.8M
    Lexus RX350= ₦3.2M. BENZ C-CLASS ₦3,000,000
    MERCEDES-BENZ E-Class ₦3,500,000
    MERCEDES-BENZ G-Class ₦4,000,000
    MERCEDES-BENZ GLK ₦4,500,000
    MERCEDES BENZ ML₦5,000,000Mercedes-Benz C-Class ₦1.5 million
    Mercedes-Benz E-Class ₦1.7 million
    Mercedes-Benz G-Class ₦2.5 million
    Mercedes-Benz GLK ₦3.5 Million
    Mercedes Benz ML350 ₦2.3 million
    Mercedes Benz g-wagon ₦125 million.

    Range rover vogue 6mill
    Range rover sport HSE 4.8m
    Land rover 3.3m

    MANY MORE EXCLUSIVE OFFER'S LIKE.....
    LAPTOPS, GENERATOR'S, FRIDGE, CONTAINERS, PHONE, MOTORCYCLE, AND KEKE.... Bales of Okirika Clothes 50kg for #35,000, 100kg for #75,000 and 150kg for #180,000

    👉KEKE MARUWA.
    Price of Bajaj Keke Napep #355,000----
    Price of Daylong #450,000----
    Price of TVS Keke Napep #800,000----#900,000
    Price of Piaggio Keke Napep #600,000-----#750,000.

    👉 CONTACT 08O ___-6739 __-9O9O Bags of cement #3,500
    Delivery cost is #1,000

    EVERY BUYER IS EXPECTED TO PAY FOR THE DOCUMENTS OF THE VEHICLES BEFORE THE DELIVERY WILL COMMENCE!!!!WE DELIVER NATION WIDE NOTICE INSTALLMENTAL PAYMENT IS ALLOWED!!! ONLY INTERESTED BUYERS SHOULD CONTACT: THE OFFICER O8O__6739__9O9O THANKS FOR PATRONIZING WITH US.!!!〽.〽.〽.〽.〽.〽.〽.〽.〽.〽.〽.〽.〽.〽.〽.〽.〽.〽.〽.〽.〽.〽.〽.

Recent Posts

Usyk Defeats Fury on Points in Riyadh to Retain Heavyweight Championship Title

Oleksandr Usyk has secured victory over Tyson Fury in Riyadh, successfully defending his heavyweight championship…

1 hour ago

Albania to Ban TikTok for a Year After Schoolboy’s Death Sparks Concerns

Albania plans a one-year TikTok ban from January after a schoolboy’s death sparks concerns over…

4 hours ago

Suspect Remanded in Custody Over Deadly Attack at German Christmas Market

A suspect accused of killing five people by driving into a crowded Christmas market in…

4 hours ago

US Fighter Jet ShotDown in Red Sea ‘Friendly Fire’ Incident Amid Heightened Tensions

A US Navy F/A-18 Hornet was mistakenly shot down over the Red Sea by the…

5 hours ago

NNPC, Dangote Refinery Slash Petrol Prices to N899 Per Litre Amid Rising Competition

NNPC has reduced petrol ex-depot price to N899 per litre, sparking competition with Dangote Refinery…

5 hours ago

Tinubu Urges Strict Crowd Control Enforcement After Deadly Stampedes in Anambra, Abuja

President Tinubu has urged enforcement of strict crowd control measures after deadly stampedes in Anambra,…

5 hours ago