The European Court of Justice upheld a fine of 2.4 billion euros ($2.65 billion) against Google on Tuesday for abusing its dominating market position by giving preference to its own comparison shopping site.
The European Commission, the EU’s executive branch, conducted an antitrust investigation that resulted in a fine that was finalised in 2017.
The General Court, the second-highest court in the European Union, heard Google’s appeal of the ruling and affirmed the punishment. Google then filed a complaint with the EU’s highest court, the European Court of Justice (ECJ).
On Tuesday, the European Court of Justice (ECJ) rejected the appeal and affirmed the Commission’s penalties. At the time, the Commission argued that Google had given preference to its own shopping comparison service over those of its competitors.
Source (CNBC)
