Google lost the lawsuit! The court supports the European Commission's € 2.42 billion antitrust fine
我放心你带套猛
发表于 2024-9-10 19:25:13
158
0
0
On Tuesday (September 10th), Google lost its final legal battle with the European Commission, the EU's antitrust agency, ending a long-standing antitrust case.
The European Court of Justice on Tuesday upheld a landmark antitrust ruling by the European Commission in 2017.
At that time, after years of investigation, the European Commission ruled that Google abused its dominant position in the search engine field to provide higher rankings for its own shopping comparison service Google Shopping in the list, suppressing competitors' shopping services. The committee also imposed a huge fine of 2.42 billion euros (2.67 billion US dollars) on Google for this move.
After the European Commission's ruling, Google claimed to have made changes on its own to comply with the Commission's decision to treat competitors equally. At the same time, the company appealed the ruling to the European Court of Justice.
However, the lower court of the European Court of Justice, the EU General Court, rejected Google's appeal in 2021 and upheld the € 2.42 billion antitrust fine imposed on Google.
On Tuesday, the European Court of Justice upheld the lower court's ruling and dismissed Google's previous appeal against the European Commission's € 2.4 billion fine. The European Court of Justice stated in a press release that "the court dismissed the appeal and upheld the judgment of the ordinary court
Intensify regulatory efforts
If we talk about the key figure in Google's antitrust case, it must be Margrethe Vestager, Executive Vice President of the European Commission and Commissioner for Competition. After she became the EU Competition Commissioner in 2014, she made Google, a subsidiary of Alphabet, her top priority. This figure, known as the EU's' antitrust queen ', is about to end her second term in a few weeks.
Google's antitrust ruling in the EU is not limited to just Google Shopping. As the European Union began to intensify its crackdown on the technology industry, the European Commission later pointed out that Google's parent company Alphabet illegally abused the Android mobile operating system and Adsense advertising business, and imposed fines of 4.125 billion euros and 1.49 billion euros respectively for these two cases.
That is to say, Google faces fines totaling over 8 billion euros in three antitrust cases in the European Union.
Google later appealed against the other two antitrust penalties mentioned above. It is reported that Google encountered setbacks in the Android case, and the EU General Court upheld the European Commission's fine of 4.125 billion euros in its 2022 ruling; As for Google's preliminary appeal against the 1.49 billion euro fine in the AdSense case, the court has not yet made a ruling.
These three cases indicate that global regulatory agencies will intensify their efforts to crack down on the technology industry. The EU is currently conducting more investigations into large technology companies and drafting new laws to clean up social media platforms and regulate artificial intelligence.
At the same time, Google is also facing special pressure in its digital advertising business. The US Department of Justice previously accused the company of having a monopoly position in the advertising technology industry. On Monday (September 9), the case of the US Department of Justice suing Google for illegally monopolizing the digital advertising industry entered trial.
CandyLake.com 系信息发布平台,仅提供信息存储空间服务。
声明:该文观点仅代表作者本人,本文不代表CandyLake.com立场,且不构成建议,请谨慎对待。
声明:该文观点仅代表作者本人,本文不代表CandyLake.com立场,且不构成建议,请谨慎对待。
猜你喜欢
- What is the impact of Apple's € 10 billion tax dispute or reversal?
- Baekje Shenzhou: The cumulative total amount of external guarantees provided by the company and its subsidiaries is RMB 257 million, USD 3 million, and 1.2 million euros
- Amazon wins 250 million euros in tax lawsuit
- Another scandal in the automotive industry! Cummins fined $1.675 billion for emissions cheating
- The Competition for High Precision Map Market: New Progress in the lawsuit between 4D Map and Baidu
- Spotify's revenue in the fourth quarter of 2023 increased by 16% year-on-year to 3.7 billion euros
- Fulang Group's 2023 revenue of 426 million euros increased by 1% year-on-year
-
11月21日、2024世界インターネット大会烏鎮サミットで、創業者、CEOの周源氏が大会デジタル教育フォーラムとインターネット企業家フォーラムでそれぞれ講演、発言したことを知っている。周源氏によると、デジタル教 ...
- 不正经的工程师
- 昨天 16:36
- 支持
- 反对
- 回复
- 收藏
-
スターバックスが中国事業の株式売却の可能性を検討していることが明らかになった。 11月21日、外国メディアによると、スターバックスは中国事業の株式売却を検討している。関係者によると、スターバックスは中国事 ...
- 献世八宝掌
- 前天 16:29
- 支持
- 反对
- 回复
- 收藏
-
【意法半導体CEO:中国市場は非常に重要で華虹と協力を展開】北京時間11月21日、意法半導体(STM.N)は投資家活動の現場で、同社が中国ウェハー代工場の華虹公司(688347.SH)と協力していると発表した。伊仏半導体 ...
- 黄俊琼
- 前天 14:29
- 支持
- 反对
- 回复
- 收藏
-
【ナスダック中国金龍指数は1%下落した。人気の中概株の多くは下落した】現地時間11月21日、ナスダック中国金龍指数は1%下落し、人気の中概株の多くは下落し、必死に10%超下落し、愛奇芸は7%超下落し、百度は6%近く ...
- 比尔992
- 昨天 11:57
- 支持
- 反对
- 回复
- 收藏