Google Fined $2.7 Billion in E.U. Antitrust Ruling

[LASER_oneXM]

Google suffered a major regulatory blow on Tuesday after European antitrust officials fined the search giant 2.4 billion euros, or $2.7 billion, for unfairly favoring some of its own search services over those of rivals.

The hefty fine marks the latest chapter in a lengthy standoff between Europe and Google, which also faces two separate charges under the region’s competition rules related to Android, its popular mobile software, and to some of its advertising products. Google denies the accusations.

By levying the fine — the biggest ever in this type of antitrust case — Margrethe Vestager, Europe’s antitrust chief, has laid down a marker as arguably the Western world’s most aggressive regulator of digital services from the likes of Google and Facebook.

 

[motox781]

2.7 billion? Seems mighty excessive...

 

[ispx]

google can take it out of sundar pichai's paycheck.

his paycheck is $200 million, google should make him work for free till the losses are made up for.

 

[ravi prakash saini]

google can take it out of sundar pichai's paycheck.

his paycheck is $200 million, google should make him work for free till the losses are made up for.

in that case google will have to first give him all profit earned under him

 

[ispx]

in that case google will have to first give him all profit earned under him

you think he was a profitable decision for google as a company?

i would love to have you elaborate on the " profits " you speak of.

 

[ravi prakash saini]

@ispx you want to say google did not earn any profit under him and you know better than the google whom to hire.

 

[ispx]

@ispx you want to say google did not earn any profit under him

i never said that now did i?

you mentioned " profits " & i asked you to elaborate which obviously you are unable to so i will let it pass.

@ispx you know better than the google whom to hire

again i never claimed that either so please stop assuming.

you can quote me word for word but quote me for what i said & not for what you think i implied which actually i never did.