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Google has lost its final appeal against a 2.4 billion euro fine imposed on it by the European Union (EU) in an anti-competitive shopping case. The fine was imposed for giving its own shopping recommendations an illegal advantage over competitors in search results.
London . Google has lost its final appeal against a 2.4 billion euro fine imposed on it by the European Union (EU) in an anti-competitive shopping case. The fine was imposed for giving its own shopping recommendations an illegal advantage over competitors in search results. Efforts to prevent companies from unfairly controlling prices or monopolizing are called anti-competition or anti-trust.
The Court of Justice of the European Union on Tuesday upheld the lower court's decision. In this, the company's appeal against a fine of 2.4 billion euros (2.7 billion US dollars) imposed by the European Commission, the EU's top anti-competition enforcer, was rejected. “The court dismisses the appeal and thus upholds the lower court's decision,” the court said in a statement. Google said in the statement that it was disappointed by the court's decision, which is based on certain facts. The company said it had made changes to comply with the commission's decision in 2017.
Disclaimer: Prabhasakshi has not edited this news. This news has been published from PTI-language feed.
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