EU fines Google €2.4bn after losing appeal

04-09-24

The European Court of Justice ruled Tuesday that it will uphold an earlier European Commission ruling and slap a €2.4 billion fine on Google over Google Shopping, ending a multi-year antitrust case against the tech giant.

The fine, initially announced in 2017 and then appealed by Google and Alphabet, is imposed on the internet giant for abusing its ‘dominant position’ in several online search markets by favouring its own shopping service over that of its competitors.

In a statement on today's decision, European Commission executive vice-president Margrethe Vestager called the decision a ‘milestone’ in the history of regulatory action against tech giants.