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

Eighty new jobs are coming to Kilkenny

US stocks set more records as technology and energy companies rise

Packaging waste from online retailers growing by 28% per year

Brand pulls ads from YouTube over fears of access by paedophiles


Today's Stories

Brexit gloom for Irish tourists

Paddy Power shares rise on Oz talk

Origin Enterprises makes strong start to year

Lifestyle

Having fled the Nazis, Elizabeth Friedlander created her own typeface before moving to Kinsale

On the double: Jennifer Zamparelli and balancing a hectic life and baby number two

Trim back for the festivities with these Christmas fitness tips

The 40-year-old charity that ensures no-one dies alone and poor

More From The Irish Examiner