Google ‘faces record EU anti-trust fine’ — Google penalty could reach as much $9 billion, or ten percent of Google’s total revenue last year

Peace and Freedom

AFP

© AFP/File | The European Commission launched an initial investigation into Google in 2010

BRUSSELS (AFP) – The EU’s powerful anti-trust regulator will decide a historic case against Google in the coming weeks that could see the Internet giant hit with a record fine, sources said on Friday.”We are heading towards a decision this summer,” one source close to the matter told AFP on condition of anonymity.

Led by hard-charging European Commission competition chief Margrethe Vestager, Google faces a massive penalty that could reach as much $9 billion, or ten percent of Google’s total revenue last year.

Brussels accuses Google of giving its own online shopping services top priority in search results to the detriment of other price comparison services.

The case is one of three against Google and of several against blockbuster US companies including Starbucks, Apple, Amazon and McDonalds.

The previous record for illegal monopoly practices is held…

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