Google fined a record €2.4 billion by the EU for manipulating search results

[lowendlinux]

https://www.theverge.com/2017/6/27/15872354/google-eu-fine-antitrust-shopping

Google has been hit with a record-breaking €2.42 billion ($2.7 billion) fine by the European Union for breaking antitrust law. The decision follows a seven-year investigation into the US company’s search algorithms, which ended with the judgement that Google had “abused its dominant position by systematically favoring” its own shopping comparison service. Today’s fine is the largest antitrust judgement handed out by the executive body of the EU, the European Commission, topping a €1 billion penalty given to Intel in 2009.

It's so nice to see Google get a legal black eye I wish someone could figure out a way to break the company up.

 

[kdarling]

Heh. The EU has been fining everyone they can for antitrust or price fixing or tax avoidance.

In Apple's case, it was $13 billion in unpaid taxes because of their Ireland deal.

The EU Commission has become the equivalent of a small town judge making money by setting up a speed trap with heavy instant fines. Easy money.