MASSIVE GOOGLE FINE
Following a seven-year investigation, the European Commission on 27 June slapped Google with a €2.42bn antitrust fine for abusing its dominance in search, ft.com reported. The commission said it found Google abused its near-monopoly in online search to “give illegal advantage” to its own shopping service by demoting rival companies’ services, it reported. According to the commission, Google “systematically” gave prominent placement to its own in-house service, while “even the most highly ranked rival service appears on average only on page four of Google’s search results”, ft.com reported. Google said it disagreed with the findings, and will be considering an appeal.