je.st
news
Google to get record EU fine in shopping case - report
2017-06-16 16:43:00| Telecompaper Headlines
(Telecompaper) Google is set to receive a record fine from European Commission competition regulators in the coming weeks, according to unnamed sources cited by the Wall Street Journal. Although the US tech giant has been the subject of antitrust probes in the search and Android market, the forthcoming fine will be for promoting its own comparison-shopping service in search results, with the company possibly having to pay out as much as 10 percent of its yearly revenue, which stood at USD 90.27 billion last year. In addition to the fine, the EC is also likely to demand Google treat its own comparison shopping service equally with those of its competitors, said the report.
Tags: shopping
report
case
google
Category:Telecommunications