Google's fine a reminder
China Daily | Updated: 2017-06-30 10:26
The European Commission fined Google a record 2.42 billion euros ($2.7 billion) on Tuesday for breaching the European Union's antitrust rules on the grounds that the world's largest internet search engine has abused its market dominance by favoring its own shopping service in its search results.
The European Commission said the US company must end that practice within 90 days or face penalty payments of up to 5 percent of the average daily worldwide turnover of Alphabet, Google's parent company.
Google has also been accused of blocking rivals in online search advertising, with the commission warning of deterrent fines if the company is found guilty of breaching EU rules.
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