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

The EU's General Court has annulled a €1.49 billion ($1.67 billion) antitrust fine against Google, which had been imposed for hindering competition in online advertising through exclusive contract clauses. The court ruled that the European Commission failed to consider all relevant circumstances in its assessment, although it upheld most of the Commission's findings regarding Google's practices from 2006 to 2016. This ruling comes as a relief for Google, which is currently appealing a separate €4.3 billion fine related to its Android operating system. The annulled fine was part of a broader series of penalties totaling €8.25 billion imposed on Google for antitrust violations. The Commission is reviewing the court's decision and may consider an appeal. This case highlights ongoing tensions between the EU and major tech companies regarding competition regulations.

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