Google loses fight against US$2.7 billion EU antitrust fine

Quick Summary:

BRUSSELS: Alphabet's Google on Tuesday (Sep 10) lost its fight against a 2.42 billion euro (US$2.7 billion) fine levied by EU antitrust regulators seven years ago, one of a trio of hefty fines meted out to the company for various anti-competitive practices.

It has challenged two rulings involving its Android mobile operating system and AdSense advertising service, and is now waiting for the judgments.

The case is C-48/22 P Google and Alphabet v Commission (Google Shopping).

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Category: EconomyBusiness

Markets: SingaporeLuxembourg

Topics: Fines Antitrust European Loses Fight Us$2 2021 Alphabet Regulators Google Billion

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-10 @ 15:57:00 (10 hours ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 330 words

Reading Time: 2 minutes read

Sentences: 15 lines

Sentence Length: 22 words per sentence (average)

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Copyright Owner: © Channel News Asia

News ID: 22447665

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