Ben Thompson on the European Commission’s €2.42 billion fine levied on Google for anti-competitive behavior:
The United States and European Union have, at least since the
Reagan Administration, differed on this point: the U.S. is
primarily concerned with consumer welfare, and the primary proxy
is price. In other words, as long as prices do not increase — or
even better, decrease — there is, by definition, no illegal
Google faces a record antitrust fine of around 3 billion euros ($3.4 billion) from the European Commission in the coming weeks, the British newspaper Sunday Telegraph reported. The European Union has accused Google of promoting its ...
The European Union’s antitrust watchdog will as soon as Tuesday hit Google with a fine of more than $1 billion and demand changes to the company’s business practices, according to people familiar with the matter.
Google has settled antitrust complaints with the European Union, avoiding the threat of a six billion dollar fine. It means some significant changes to how Google operates its search and advertising business. The case involved the s...
On June 27, antitrust officials from the European Union levied a fine of 2.42 billion euros ($2.7 billion) on Google, citing market interference and obstruction of competition. The ruling targets Google Shopping, the e-commerce serv...