E.U. announces record $2.7 billion antitrust fine on Google over search results

[BumRushDaShow]

Source: Washington Post

By Michael Birnbaum June 27 at 6:16 AM

BRUSSELS The European Unions antitrust chief announced a record $2.7 billion fine against Google on Tuesday, saying that the powerful company illegally steered users toward its comparison shopping website.

The fine is the largest the European Union has ever levied against a company for abusing its dominant position, and marked the latest confrontation over business practices between E.U. regulators and American tech giants.

If the ruling stands, it could reshape how the company presents search results in one of its most lucrative markets. The landmark ruling sets up a major clash about whether government regulators can shape the behavior of one of the worlds most powerful companies.

Google is expected to appeal the decision.

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ORIGINAL ARTICLE
FULL Title: E.U. announces record $2.7 billion antitrust fine against Google, says the company manipulated search results
UPDATED Title: E.U. announces record $2.7 billion antitrust fine on Google over search results

By Washington Post Staff June 27 at 5:56 AM

The E.U. antitrust chief said Google illegally steered search results toward its comparison shopping service. The fine, the largest the bloc has ever levied against a company for abusing its dominant position, is expected to be appealed by Google.

There were questions about how President Trump would respond.
This is a developing story. It will be updated.



Read more: https://www.washingtonpost.com/news/business/wp/2017/06/27/e-u-announces-record-2-7-billion-antitrust-fine-against-google-says-the-company-manipulated-search-results/

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Breaking News article was updated.

[Kolesar]

1. When I used Google, I assumed that the results were steered toward their shopping service

I listened to the EU address on this an hour ago and I don't agree with her.

[Nitram]

2. Thanks EU. I'm sick of Google giving me more ads than results.

And they always steer me towards their bogus price comparison site. No matter what your search terms are, they will announce they have a cheaper one. "Russian investigation?" "We can offer you an excellent Russian investigation at half the price!"