Google 'respectually disagrees' with European Commission €2.4bn fine

Update 14:08pm: Google says it respectfully disagrees with the EU which has fined it €2.4bn for breaking anti-trust rules.

The European competition watchdog found the firm abused its dominance as a search engine to boost its shopping comparison service over others.

Its links are displayed at or near the top of results.

Earlier: Google has been hit with a record fine of €2.42bn by Europe's competition watchdog after breaching antitrust rules with its online shopping service.

The European Commission said the tech giant had abused its market dominance as a search engine by handing an "illegal advantage" to its comparison shopping operation.

In a statement, commissioner Margrethe Vestager said: "Google has come up with many innovative products and services that have made a difference to our lives.

"That's a good thing. But Google's strategy for its comparison shopping service wasn't just about attracting customers by making its product better than those of its rivals.

"Instead, Google abused its market dominance as a search engine by promoting its own comparison shopping service in its search results, and demoting those of competitors."

The watchdog launched an investigation into Google Shopping seven years ago amid complaints it gave the service a prominent position on the internet search engine, while rival services were demoted.

Google now has 90 days to stop the practice or face a penalty of up to 5% of the average daily turnover of the firm's parent company, Alphabet.

Ms Vestager added: "What Google has done is illegal under EU antitrust rules. It denied other companies the chance to compete on the merits and to innovate.

"And most importantly, it denied European consumers a genuine choice of services and the full benefits of innovation."

- PA


Related Articles

Q&A: Everything you need to know about Google's €2.4bn fine

Key events in the EU's 7-year legal battle with Google

More in this Section

Ryanair settles with Google and website it said had conned passengers

Case brought by Lloyds shareholders 'fundamentally flawed', says British High Court

BP hunts for successor as chairman looks to retire

Goldman Sachs boss hails Frankfurt amid Brexit shift


Today's Stories

Finance Bill signals new workload for firms on PAYE

Unilever sales under target

Storm clouds over Budget 2018 are yet to blow over

Sterling slips on Moody warning

Lifestyle

Why a good breakfast is a must for your kids

Facing fears while terrifying punters at Cork's Nightmare Realm

Weathering the storm of 1961: We watched 30 large trees uprooted

Remembering the dead: Poignant reason behind Cork’s Zombie Walk

More From The Irish Examiner