€2.42 bil­lion

THE AMOUNT GOOGLE HAS BEEN FINED FOR PRO­MOT­ING ITS OWN SHOP­PING SEARCH RE­SULTS

TechLife Australia - - HOTSPOT -

Found to be in vi­o­la­tion of EU an­titrust laws, Google has been fined €2.42 bil­lion (roughly $3.6 bil­lion Aussie pe­sos) for pref­er­enc­ing its own shop­ping ser­vice in its search re­sults. Fur­ther to this, EU gov­ern­ment reg­u­la­tors have warned that, if Google doesn’t cease its ma­nip­u­la­tion and ad­dress the prob­lem within 90 days of the fine be­ing ad­min­is­tered (specifically, by Septem­ber 27th, 2017), the com­pany will have to pay an ex­tra €12.5 mil­lion per day ($18.7 mil­lion). This re­sult comes af­ter years of in­ves­ti­ga­tion and warn­ings, with the first let­ter to the com­pany be­ing sent in 2015.

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