Menu
A huge fine for Google could come soon in EU antitrust investigation

A huge fine for Google could come soon in EU antitrust investigation

A $3.4 billion fine could be announced by this summer, one report says

Google could face a record fine of up to €3 billion (US $3.4 billion) as soon as early next month as part of a six-year European Commission antitrust investigation into the company's search engine dominance, according to a news report.

A fine in the European Commission's long-running investigation, launched in November 2010, is expected by summer, according to a report in The Telegraph, which cited anonymous sources.

The $3.4 billion fine cited in the report would be less than the maximum allowed, which is 10 percent of Google's worldwide revenue, or about $7.5 billion.

A report from Politico questioned the timing of the potential fine laid out The Telegraph article, suggesting the commission wasn't close wrapping up its investigation.

The search engine investigation is one of two antitrust queries targeting Google at the European Commission. The commission is also investigating whether Google uses its Android operating system to hinder alternatives to its own smartphone mapping, search, and app store services.

A Google spokesman declined to comment on The Telegraph story.

A representative of competition Commissioner Margrethe Vestager said the Google search investigation continues. "We have no comment on the press speculations," the representative said by email.

The commission, in April 2015, charged Google with abusing its dominant position in Internet search services in Europe by systematically favoring its own comparison shopping product, Google Shopping.


Follow Us

Join the newsletter!

Or

Sign up to gain exclusive access to email subscriptions, event invitations, competitions, giveaways, and much more.

Membership is free, and your security and privacy remain protected. View our privacy policy before signing up.

Error: Please check your email address.

Featured

Slideshows

Meet the leading female front runners of the Kiwi channel

Meet the leading female front runners of the Kiwi channel

Reseller News honoured the leading female front runners of the New Zealand channel at the 2018 Women in ICT Awards (WIICTA) in Auckland. The awards honoured standout individuals across seven categories, spanning Entrepreneur; Innovation; Rising Star; Shining Star; Community; Technical and Achievement.

Meet the leading female front runners of the Kiwi channel
Meet the top performing customer-centric Microsoft channel partners

Meet the top performing customer-centric Microsoft channel partners

Microsoft honoured leading partners across the channel following a year of customer innovation and market growth in New Zealand. The 2018 Microsoft Partner Awards recognised excellence within the context of the end-user, spanning a host of emerging and established providers.

Meet the top performing customer-centric Microsoft channel partners
Reseller News launches new-look Awards at 2018 Judges’ Lunch

Reseller News launches new-look Awards at 2018 Judges’ Lunch

Introducing the Reseller News Innovation Awards, launched to the channel at the 2018 Judges’ Lunch in Auckland. With more than 70 judges now part of the voting panel, the new-look awards will reflect the changing dynamics of the channel, recognising excellence across customer value and innovation - spanning start-ups, partners, distributors and vendors.

Reseller News launches new-look Awards at 2018 Judges’ Lunch
Show Comments