Tuesday, June 27, 2017

EU issues record fine to Google over shopping comparison service

The European Union has fined Google 2.7 billion U.S. dollars for promoting its own shopping comparison service and distorting results in search engines.

The ruling gives Google 90 days to end its the practices which the European Commission deems break competition laws.

The fine is the largest issued to date by European regulators.    Google has indicated it may appeal. 

EU Competition Commissioner Margrethe Vestager said Google's practices disadvantaged European consumers and businesses. 


IN: "Google has abused.."

OUT: …and innovation."

DUR: 33 secs 


CLIP: http://www.fsnradionews.com/feeds/0627google-Vestager1.mp3