gpolit.com
gpolit.com November 17, 2017


Google appeals record $2.7 billion European Union antitrust fine

12 September 2017, 12:17 | Rufus Hill

Ellington Financial book value stable in August

Google submits an appeal for its €2.4B fine by the EU

"Instead, Google abused its market dominance as a search engine by promoting its own comparison shopping service in its search results, and demoting those of competitors".

The European Commission said "it will defend its decision in court", while Google declined to comment on details of its appeal.

Initially Google was given 90 days to comply or face further fines.

The company has submitted plans on how it plans to stop favouring its shopping service and these are now being reviewed by Brussels.

The consideration of this appeal should take at least a year and a half, and given the complexity of the case, rather two years, has there shown to the Court of justice of the EU.

"Google's strategy for its comparison shopping service wasn't just about attracting customers by making its product better than those of its rivals", commissioner Margrethe Vestager, who is in charge of competition policy, said when June's decision was announced.

Google has already said it will comply with the changes to vertical search that Brussels requested, and has until September 27 to explain how it will put these into practice.

The EU Court of Justice (ECJ) ordered a lower tribunal last week to re-examine USA chipmaker Intel's appeal against a 1.06 billion euro fine, a rare setback for the Commission.

Google last week notified the European Union it would attempt to meet the demands of the European Union decision.

Regulators are also expected to levy fines in separate investigations into Google's Android mobile-phone software - possibly as soon as next month - and the AdSense advertising service.



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