The EU Commission fines a multinational technology company for abuse of dominance on the market of online comparison shopping (Google Shopping)

Antitrust: Commission fines Google €2.42 billion for abusing dominance as search engine by giving illegal advantage to own comparison shopping service* The European Commission has fined Google €2.42 billion for breaching EU antitrust rules. Google has abused its market dominance as a search engine by giving an illegal advantage to another Google product, its comparison shopping service. The company must now end the conduct within 90 days or face penalty payments of up to 5% of the average daily worldwide turnover of Alphabet, Google's parent company. Commissioner Margrethe Vestager, in charge of competition policy, said: "Google has come up with many innovative products and services that have made a difference to our lives. That's a good thing. But Google's strategy for its

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  • European Commission - DG COMP (Brussels)

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European Commission, The EU Commission fines a multinational technology company for abuse of dominance on the market of online comparison shopping (Google Shopping), 27 June 2017, e-Competitions June 2017, Art. N° 84371

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