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Google Could Face The Biggest Antitrust Fine In EU History
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Google's six-year legal battle with the European Union could result in the biggest antitrust fine in EU history.
British newspaper the Sunday Telegraph says sources within the EU plan to hit the search giant with a $3.4 billion fine.
Those sources reportedly say the company abused its position as Europe's largest search engine by putting its own products front and center in search results. Google's competitors say that makes it harder for them to reach new customers.
Google tried to stave off the fine in 2014 when it agreed to put competitors' products near the top of its results. That apparently wasn't good enough.
The newspaper says now the EU may force Google to change its algorithms, which are at the core of its business model. The fine could be formally announced within a month.
This video includes clips from Google and European Commission.
Newsy is your source for concise, unbiased video news and analysis covering the top stories from around the world. With persistent curiosity and no agenda, we strive to fuel meaningful conversations by highlighting multiple sides of every story. Newsy delivers the news and perspective you need without the hype and bias common to many news sources.
British newspaper the Sunday Telegraph says sources within the EU plan to hit the search giant with a $3.4 billion fine.
Those sources reportedly say the company abused its position as Europe's largest search engine by putting its own products front and center in search results. Google's competitors say that makes it harder for them to reach new customers.
Google tried to stave off the fine in 2014 when it agreed to put competitors' products near the top of its results. That apparently wasn't good enough.
The newspaper says now the EU may force Google to change its algorithms, which are at the core of its business model. The fine could be formally announced within a month.
This video includes clips from Google and European Commission.
Newsy is your source for concise, unbiased video news and analysis covering the top stories from around the world. With persistent curiosity and no agenda, we strive to fuel meaningful conversations by highlighting multiple sides of every story. Newsy delivers the news and perspective you need without the hype and bias common to many news sources.