2024-09-18 05:40:08
Regulation
Business
EU Ruling on Google Antitrust Fine Looms
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Alphabet, parent of Google, faces antitrust concerns over its search business and AI dominance. U.S. court ruled Google a monopolist; EU fined Alphabet $2.7B. Analysts see uncertainty over antitrust trials and remedies, potential loss of search market share. Investment firms Truist and Evercore ISI issue research reports on Alphabet's outlook amid generative AI and antitrust challenges.
gmx
EU Court Decides on Billion-Dollar Fine for Google
Economy
Technology
Google was fined 1.49 billion euros by the EU Commission for distorting competition in online advertising. The EU court is now deciding on this fine. Google had already made changes to its Google Shopping price comparison service after a fine of 2.4 billion euros was imposed.
tz
EU Court Decides on Billion-Dollar Fine for Google
Economy
Finance
Technology
Google is once again threatened with a billion-dollar fine due to distortion of competition. In 2019, the EU Commission imposed a fine of 1.49 billion euros on the tech giant due to abusive practices in online advertising. Google is now defending itself in court against the fine.
Frankfurter Rundschau
EU Court Decides on Billion-Dollar Fine for Google
Economy
Technology
Google faces another billion-dollar fine for distorting competition in online advertising; the EU court decides on allegations regarding AdSense for Search.
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