A huge fine for Google could come soon in EU antitrust investigation

A $3.4 billion fine could be announced by this summer, one report says

Google could face a record fine of up to €3 billion (US $3.4 billion) as soon as early next month as part of a six-year European Commission antitrust investigation into the company's search engine dominance, according to a news report.

A fine in the European Commission's long-running investigation, launched in November 2010, is expected by summer, according to a report in The Telegraph, which cited anonymous sources.

The $3.4 billion fine cited in the report would be less than the maximum allowed, which is 10 percent of Google's worldwide revenue, or about $7.5 billion.

A report from Politico questioned the timing of the potential fine laid out The Telegraph article, suggesting the commission wasn't close wrapping up its investigation.

The search engine investigation is one of two antitrust queries targeting Google at the European Commission. The commission is also investigating whether Google uses its Android operating system to hinder alternatives to its own smartphone mapping, search, and app store services.

A Google spokesman declined to comment on The Telegraph story.

A representative of competition Commissioner Margrethe Vestager said the Google search investigation continues. "We have no comment on the press speculations," the representative said by email.

The commission, in April 2015, charged Google with abusing its dominant position in Internet search services in Europe by systematically favoring its own comparison shopping product, Google Shopping.

Join the newsletter!

Error: Please check your email address.
Rocket to Success - Your 10 Tips for Smarter ERP System Selection
Keep up with the latest tech news, reviews and previews by subscribing to the Good Gear Guide newsletter.

Grant Gross

IDG News Service
Show Comments

Most Popular Reviews

Latest Articles

Resources

PCW Evaluation Team

Sarah Ieroianni

Brother QL-820NWB Professional Label Printer

The print quality also does not disappoint, it’s clear, bold, doesn’t smudge and the text is perfectly sized.

Ratchada Dunn

Sharp PN-40TC1 Huddle Board

The Huddle Board’s built in program; Sharp Touch Viewing software allows us to easily manipulate and edit our documents (jpegs and PDFs) all at the same time on the dashboard.

George Khoury

Sharp PN-40TC1 Huddle Board

The biggest perks for me would be that it comes with easy to use and comprehensive programs that make the collaboration process a whole lot more intuitive and organic

David Coyle

Brother PocketJet PJ-773 A4 Portable Thermal Printer

I rate the printer as a 5 out of 5 stars as it has been able to fit seamlessly into my busy and mobile lifestyle.

Kurt Hegetschweiler

Brother PocketJet PJ-773 A4 Portable Thermal Printer

It’s perfect for mobile workers. Just take it out — it’s small enough to sit anywhere — turn it on, load a sheet of paper, and start printing.

Matthew Stivala

HP OfficeJet 250 Mobile Printer

The HP OfficeJet 250 Mobile Printer is a great device that fits perfectly into my fast paced and mobile lifestyle. My first impression of the printer itself was how incredibly compact and sleek the device was.

Featured Content

Latest Jobs

Don’t have an account? Sign up here

Don't have an account? Sign up now

Forgot password?