Google Overturns €1.49 Billion EU Antitrust Fine
Google Overturns €1.49 Billion EU Antitrust Fine
Google Overturns €1.49 Billion EU Antitrust Fine
News summary

Google has successfully overturned a €1.49 billion ($1.66 billion) antitrust fine from the European Union, which was imposed five years ago regarding its online advertising practices. The EU's General Court ruled that the European Commission failed to adequately demonstrate that Google's contractual clauses harmed competition or consumers, even while acknowledging that Google had made changes to its contracts prior to the Commission's decision. The court's decision can still be appealed to the EU's highest court, but only on legal grounds. This victory follows a recent loss for Google, where it was upheld a €2.42 billion fine related to its shopping comparison service. The European Commission has faced ongoing challenges in regulating large tech companies, with Google incurring fines totaling over €8 billion in recent years. The ruling highlights the complexities of antitrust enforcement in the rapidly evolving digital marketplace.

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