Google Challenges EU Antitrust Fine In Final Appeal

Logo NasdaqNasdaq
2023-09-19 20:39:17  • 2 mins

(RTTNews) - Google, a subsidiary of Alphabet, is making a last-ditch effort to contest a hefty 2.42 billion euro or $2.6 billion antitrust fine imposed by the European Commission in 2017. The fine, arising from allegations of market abuse through Google's online shopping service, has been the subject of a prolonged legal battle. While Google initiated its appeal in February 2020, it suffered a setback in November 2021 when the EU's General Court dismissed its arguments.

Now, Google has taken its case to the Court of Justice of the European Union (CJEU), Europe's highest court, for what appears to be its final attempt to overturn the penalty. Google's primary contention is that EU regulators failed to establish that its business practices were anticompetitive. According to Google's legal team, treating competitors differently is inherent in competition and innovation, not an antitrust violation.

Continue read on

Once upon a time, Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG) seemed invulnerable. The company maintained an insurmountable position in search and parlayed its...
Logo NasdaqNasdaq
2023-09-23 11:35:00  • 1 min
Intel won't have to pay $1B per an overturned 2009 decision, but it still ran afoul of EU competition rules.
Logo FortuneFortune
2023-09-22 15:06:01  • 1 min
LONDON (AP) European Union antitrust enforcers slapped Intel on Friday with a fresh $400 million fine in a long-running legal fight that the chipmaker...
LAST week, Google and the US Department of Justice (DOJ) officially began legal fisticuffs in the biggest antitrust case since the DOJ took on Microsoft in...
Logo The Business TimesThe Business Times
2023-09-18 06:00:05  • 1 min
Pinned Here is the latest on the Google antitrust trial. Opening statements are underway in a major antitrust case against Google, with the federal...
Logo The New York TimesThe New York Times
2023-09-12 13:45:45  • 1 min
INTEL was fined 376 million euros (S$547.5 million) on Friday (Sep 22) in a European Union (EU) antitrust case stemming from actions the US chipmaker took...
The government states that data is oxygen for a search engine and that Googles anticompetitive behavior has given it a data fortress. Google says innovation...
Logo The New York TimesThe New York Times
2023-09-18 09:42:56  • 1 min
By Natalie Sherman & Brandon Drenon BBC News Google has dismissed arguments that it is the world's biggest search engine because of illegal practices,...
2023-09-12 20:17:47  • 1 min
The antitrust complaint is expected to focus on Amazons pricing policies, Prime, and how the company treats certain merchants.
Logo FortuneFortune
2023-09-22 19:13:01  • 1 min
The governments antitrust case against Google borrows heavily from the landmark lawsuit against Microsoft 25 years ago. But it lacks the same cultural...
Logo The New York TimesThe New York Times
2023-09-11 09:02:16  • 1 min
WASHINGTON Google will confront a threat to its dominant search engine beginning Tuesday when federal regulators launch an attempt to dismantle its internet...
2023-09-12 04:03:42  • 1 min
Key Points Google's exclusive contracts proved to be an "obstacle" for DuckDuckGo in pitching browsers on becoming the default search engine for their...
2023-09-21 17:43:46  • 1 min
Key Points The first day of the government's landmark antitrust trial against Google began in Washington, D.C. District Court on Tuesday. The government...
2023-09-12 23:46:52  • 2 mins
Google says a change takes just a few steps, but a panel of designers found otherwise. The issue is at the heart of a federal antitrust trial. Imagine if...
The government claims that Google illegally used its monopoly power to stifle rivals, while the company says its practices are legal and mainstream. A...
Logo The New York TimesThe New York Times
2023-09-11 09:01:01  • 1 min
WASHINGTON -Google begins a marathon battle in a federal court on Tuesday to fight accusations from the US government that it acted unlawfully to become the...
2023-09-12 07:24:19  • 1 min
In the first full day of testimony in the U.S. monopoly trial against Google, the Justice Department sought to show that the company had long tried to cut...
Logo The New York TimesThe New York Times
2023-09-13 19:05:29  • 2 mins
Search engine faces charges of using illegal agreements with partners such as Apple to maintain a monopoly
Logo The Wall Street JournalThe Wall Street Journal
2023-09-12 01:00:00  • 1 min
On Friday, a New York judge showcased his exasperation with Donald Trump 's defense team while contemplating sanctioning them for presenting frivolous...
By Natalie Sherman Business reporter, New York Just a few years ago, a crackdown in the US to curb the might of America's tech giants seemed at hand. Bosses...
2023-09-11 23:00:44  • 1 min