By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Gulf PressGulf Press
  • Home
  • Gulf News
  • World
  • Business
  • Technology
  • Sports
  • Lifestyle
Search
Countries
More Topics
  • Health
  • Entertainment
Site Links
  • Customize Interests
  • Bookmarks
  • Newsletter
  • Terms
  • Press Release
  • Advertise
  • Contact
© 2023 Gulf Press. All Rights Reserved.
Reading: Google fails to overturn $2.7 billion EU antitrust fine
Share
Notification Show More
Latest News
Qatar’s partnership with Gates Foundation boosted global economic, health empowerment, poverty reduction: Bill Gates
Gulf
Europe must up pressure on Russia, ministers say after Moscow talks
World
GDRFA Dubai processes 145,000 travellers at Hatta crossing
Gulf
Kuwaitis top GCC real estate holdings across UAE, Bahrain and Saudi
Business
All the biggest news from AWS’ big tech show re:Invent 2025
Technology
Aa
Gulf PressGulf Press
Aa
  • Gulf News
  • World
  • Business
  • Entertainment
  • Lifestyle
  • Sports
Search
  • Home
  • Gulf
  • Business
  • More News
    • World
    • Technology
    • Lifestyle
    • Entertainment
    • Sports
Have an existing account? Sign In
Follow US
  • Terms
  • Press Release
  • Advertise
  • Contact
© 2023 Gulf Press. All Rights Reserved.
Gulf Press > Business > Google fails to overturn $2.7 billion EU antitrust fine
Business

Google fails to overturn $2.7 billion EU antitrust fine

News Room
Last updated: 2024/09/10 at 9:45 AM
News Room
Share
4 Min Read
SHARE

Google, the world’s most popular search engine, lost its battle against a 2.42 billion euro fine imposed by EU antitrust regulators seven years ago. This is one of the multiple fines imposed on the company for anti-competitive behavior. The European Commission fined Google in 2017 for unfairly using its price comparison shopping service to gain an advantage over smaller European competitors. Despite Google’s appeal to the Luxembourg-based Court of Justice of the European Union, the decision was upheld by lower tribunal.

The CJEU judges clarified that EU law prohibits the abusive exploitation of a dominant position in the market, rather than the existence of a dominant position itself. They emphasized that any conduct by dominant undertakings that hinders competition on merits and harms other undertakings and consumers is prohibited. Google has accumulated billions of euros in EU antitrust fines over the past decade, challenging rulings related to its Android operating system and AdSense advertising service. The company is currently awaiting judgments on these cases and is also facing antitrust charges that may require it to sell part of its adtech business.

Google’s ongoing legal battles with EU antitrust regulators are a significant concern for the company, as it continues to face hefty fines and potential divestitures. The latest ruling by the CJEU reaffirms the EU’s commitment to ensuring fair competition in the market and preventing abuse of dominant positions. Google’s dominance in the search engine market has led to scrutiny from regulators worldwide, with the company facing similar antitrust investigations in other regions as well.

The implications of the CJEU ruling on Google’s future business operations are yet to be seen, as the company navigates through legal challenges and regulatory scrutiny. The fines imposed by the EU are among the largest ever levied on a tech company, signaling a shift towards stricter enforcement of antitrust laws in the digital economy. Google’s reputation as a dominant player in the tech industry is at stake, as it must comply with EU regulations and address concerns raised by regulators regarding its competitive practices.

The CJEU’s decision highlights the importance of maintaining a level playing field in the digital market, where dominant players must not abuse their position to stifle competition. Google’s actions have raised concerns about fair competition and consumer choice, prompting regulators to take action against anti-competitive practices. The ruling serves as a warning to other tech giants operating in the EU, emphasizing the need to comply with antitrust regulations and protect fair competition in the digital ecosystem.

In conclusion, Google’s legal battle with EU antitrust regulators underscores the challenges faced by tech companies operating in a highly competitive market. The CJEU’s ruling reaffirms the EU’s commitment to promoting fair competition and preventing abuse of dominant positions. Google must now navigate through legal challenges and regulatory scrutiny, as it seeks to address concerns raised by regulators and comply with antitrust laws. The outcome of these legal battles will have significant implications for Google’s future business operations and its reputation as a dominant player in the tech industry.

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
I have read and agree to the terms & conditions
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
News Room September 10, 2024
Share this Article
Facebook Twitter Copy Link Print
Previous Article Q Mobility to manage parking and toll gates in Abu Dhabi
Next Article Australian cricket star David Warner to participate in T10 cricket tournament in Zimbabwe
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Stay Connected

235.3k Followers Like
69.1k Followers Follow
56.4k Followers Follow
136k Subscribers Subscribe
- Advertisement -
Ad imageAd image

Latest News

Qatar’s partnership with Gates Foundation boosted global economic, health empowerment, poverty reduction: Bill Gates
Gulf December 6, 2025
Europe must up pressure on Russia, ministers say after Moscow talks
World December 6, 2025
GDRFA Dubai processes 145,000 travellers at Hatta crossing
Gulf December 6, 2025
Kuwaitis top GCC real estate holdings across UAE, Bahrain and Saudi
Business December 6, 2025

You Might also Like

Business

Kuwaitis top GCC real estate holdings across UAE, Bahrain and Saudi

December 6, 2025
Business

Piyush Goyal discusses trade ties with Canadian counterpart; to lead high-level delegation to Canada next year

December 6, 2025
Business

RBI cuts key rate by 25 bps to 5.25% amid robust GDP growth, record low inflation

December 6, 2025
Business

Eton Solutions’ EtonAI Wins ‘Innovative Use of AI’ at WealthBriefing MENA Awards 2025

December 6, 2025
Business

Etihad opens direct Kazan route as part of 2025 network expansion

December 6, 2025
Business

Inflation rate rises in Oman by 1.5% in October 2025

December 6, 2025
Business

Edinburgh Airport: No flights currently operating due to IT issue

December 5, 2025
Business

Forum focuses on developments in commercial arbitration and dispute resolution

December 5, 2025
//

Gulf Press is your one-stop website for the latest news and updates about Arabian Gulf and the world, follow us now to get the news that matters to you.

Quick Link

  • Privacy Policy
  • Terms of ue
  • Advertise
  • Contact

How Topics

  • Gulf News
  • International
  • Business
  • Lifestyle

Sign Up for Our Newsletter

Subscribe to our newsletter to get our latest news instantly!

I have read and agree to the terms & conditions
Gulf PressGulf Press
Follow US

© 2023 Gulf Press. All Rights Reserved.

Join Us!

Subscribe to our newsletter and never miss our latest news, podcasts etc..

I have read and agree to the terms & conditions
Zero spam, Unsubscribe at any time.

Removed from reading list

Undo
Welcome Back!

Sign in to your account

Lost your password?