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Google loses major appeal in EU, solidifying its $2.8 billion antitrust fine

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Google loses major appeal in EU, solidifying its .8 billion antitrust fine

What you need to know

  • Google’s fight against the EU’s proposed ~$2.8 billion fine against it for antitrust practices has ended following arguments with the region’s highest court.
  • The EU’s investigations showed that Google conducted antitrust practices with its comparison shopping services in 2017.
  • Google is currently wrapped in two other antitrust investigations: one for the AdTech space and another regarding the U.S. DOJ.

A long-standing antitrust case between Google and the EU has come to an unsavory conclusion for the former.

As reported by Reuters, the European Union’s 2.4 billion euro (~$2.8 billion) antitrust fine against Google will stand. This case between the two parties stretches back to 2017 when the EU deemed Google guilty of abusing its dominance in the search industry by pushing its comparison shopping service above the competition.

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