GOOGLE SET TO FACE RECORD EU ANTITRUST FINE

EU antitrust regulators are likely to impose a record fine on Alphabet Inc. unit Google over its shopping service as soon as Tuesday, two people familiar with the matter said on Monday, concluding one of three cases against the company. The European Commission’s case was triggered by scores of complaints from both U. S. and European rivals, leading to a seven- year- long investigation into the world’s most popular Internet search engine. The EU competition authority charged Google in April, 2015, with distorting Internet search results to favour its shopping service, harming both rivals and consumers. The Commission declined to comment. Google has said regulators ignored competition from online retailers Amazon and eBay Inc.