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EC to fine Google for shopping service before summer-report

Friday 2 June 2017 | 11:30 CET | News

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European Commission competition regulators are preparing to levy a hefty fine on Google over its shopping service by August, according to unnamed sources cited by Reuters. The EC's multi-year investigation was prompted by complaints from US and European companies, resulting in formal charges against Google in April 2015 for using its market dominance in internet searches to promote its own shopping service, harming both rivals and consumers. Fines for companies found guilty of breaching EU competition rules can reach 10 percent of their global turnover, which in Google's case could be about

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Categories: Internet
Companies: European Commission / Google
Countries: Europe
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