Google has lost its appeal against a 2.4 billion euro antitrust fine issued in 2017. The European Court of Justice ruled that Google breached EU competition rules.
Google antitrust fine marks a major penalty for breaking competition laws in the EU.
The problem started when Google gave its own shopping comparison service an advantage over others. This hurt other companies, and the court said it was unfair and broke antitrust laws.
The European Commission is staying tough
It means that even after this verdict, Google will have to pay the fine of $2.4 billion. The company may re-appeal, but it is lucid that the European Commission is not stepping back.
In a related case, Apple was fined $15 billion for tax by the European Commission in 2016. The court said Apple got illegal tax benefits from Ireland. Just like Google, Apple and Ireland can still appeal.
These rulings show that the European Commission is serious about making sure big tech companies follow competition and tax rules, and it looks like this won’t change anytime soon.
Also Read: EU Court Ruling on Apple Taxes: Apple Loses Appeal in Landmark Case
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