Google Says EU Should Dump $1.6B Antitrust Fine – PYMNTS.com

Google on Monday (May 2) asked Luxembourg-based General Court to do away with a $1.6 billion fine handed down three years ago by antitrust regulators who said the search engine hampered its rivals in online search advertising, according to a Reuters report.

European Union antitrust regulators have fined Google almost $8.7 billion in three related cases in the last three years, the report says.

In its 2019 decision, the European Commission said the company “had abused its dominance to stop websites using brokers other than its AdSense platform,” with the illegal activities spanning from 2006 to 2016, according to the report.

Google challenged the EU finding and will present its appeal of the $1.6 billion fine in a three-day hearing that starts Monday. Google says the EU competition enforcer and the Commission were wrong when they said the search engine platform rubbed out the competition through their dominance and that their search ads and non-search ads don’t compete.

The company…

Read Full Story: https://www.pymnts.com/antitrust/2022/google-says-eu-should-dump-1-6b-antitrust-fine/

The post Google Says EU Should Dump $1.6B Antitrust Fine – PYMNTS.com first appeared on SEO, Marketing and Social News | OneSEOCompany.com.

source: https://news.oneseocompany.com/2022/05/02/google-says-eu-should-dump-16b-antitrust-fine-pymntscom_2022050218993.html

Your content is great. However, if any of the content contained herein violates any rights of yours, including those of copyright, please contact us immediately by e-mail at media[@]kissrpr.com.