Alphabet’s Google has successfully challenged a $1.66 billion antitrust fine imposed by the European Commission five years ago.
The fine was related to Google’s AdSense platform and its alleged abuse of dominance in online search advertising [3).
The European Commission had accused Google of preventing websites from using brokers other than AdSense, which provided search adverts, between 2006 and 2016.
However, the Luxembourg-based General Court annulled the fine, stating that the Commission failed to consider all relevant circumstances in assessing the duration of contractual clauses deemed unfair [3).
According to the judges, “The court (…) upheld most of the commission’s assessments, but annulled the decision imposing a fine of almost 1.5 billion euros on Google…”
This decision came as a relief for Google, which had already changed the targeted contracts in 2016 before the Commission’s decision.
This fine was one of three imposed on Google, totaling 8.25 billion euros. The complaint was initially filed by Microsoft in 2010, alleging that Google’s practices hindered rivals in online search advertising [3).
Google’s win is a significant development, especially since the company lost its final fight against a 2.42 billion euro fine last week. That fine was levied for using its price comparison shopping service to gain an unfair advantage over smaller European rivals.
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THE LISTED VEHICLES AND THE AUCTION PRICES ARE:-
Golf2=₦250,000
Golf3= ₦350,000
Golf4= ₦450,000
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= ₦2M
Honda CR-V= ₦950,000
Honda Odyssey= ₦850,000
Honda Pilot= ₦1.m
Lexus 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
Acura RDX=₦3M
Acura RSX=₦2.8M
Acura TSX=₦2.6M
Acura ZDX=₦3.2M
Acura MDX= ₦2.4M
Mercedes-Benz C-Class= ₦950,000
Mercedes-Benz E-Class= ₦1.1M
Mercedes-Benz GLK= ₦4.5m
Mercedes-Benz ML320= ₦850,000
Mercedes Benz ML330= ₦1.8M
Mercedes-Benz ML350= ₦5.2M
Nissan pathfinder= ₦1.9M
Nissan Altima= ₦820,000
Nissan Armanda= ₦3.2M
Nissan Maxima= ₦600,000.e.t.c.
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