EU Commission may fine Google a massive $1.1 billion

[Ink]

Google is facing an antitrust fine of more than 1 billion euros ($1.1 billion) from the European Commission for allegedly abusing its dominant position in the search engine market, according to media reports on Friday.

Citing people familiar with the case, The Wall Street Journal and the Financial Times said Brussels is preparing to announce the first of its trio of antitrust decisions on the company’s practices in Europe.

The European Commission’s antitrust body declined to comment to MarketWatch on the FT report, but referred to the latest steps taken in the case against Google.

Related: Karmic Justice: EU Does to Google What Google Did To Others With Net Neutrality | Coyote Blog

 

[Dean Winchestere]

Sigh, when the lawyers come out it kills innovation. Everyone wanting a piece of someone else's pie. Not surprising.

-- On a side note, I just realized I can report myself for the duplicate post