Google fined 2.42 billion euros

As expected, the European Commission has fined Google for a record-breaking amount.

The amount of the fine of 2.42 billion euros. It is the largest fine ever imposed by the European Commission. Previously dubious record belonged to Intel, fined a few years ago to 1.06 billion euros.

According to European regulators, Google is abusing its dominant position in the market. In the search results. Google was in a privileged position, with the result that suffered the interests of competitors and consumers. Google ordered to bring the work of a search engine in accordance with the requirements of the European laws within 90 days to avoid a new fine.

The European antitrust authority started to investigate the activities of Google in 2015. Only seen three cases. The decision is taken only in one of them.

Source: European Commission

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