EU Fined Google $2.7 billion Over AntiTrust Charges

EU Fined Google $2.7 billion Over AntiTrust Charges
Src: The New York Times

The European Union has fined Google, a whopping amount of $2.7 billion for violating Antitrust rules of the European Union. This was confirmed by Margrethe Vestager, Antitrust Chief, European Union, in a press conference. Google dictates the worldwide search engine market where people opt for choosing best services and products. Margrethe Vesgar said the act of Google is abusing its local markets by giving significance merely to its own shopping services and products.

In particular, when users are looking out for services pertaining to tour Advises and Expedition, giving preference to services who paid Google may land up in the problem. As Google Ad search engine results showcases those who pay more in Ads. This is misleading the online users most of the times.

Responding to the issue to the NYTimes, Kent Walker, the company’s general counsel responded that “We respectfully disagree with the conclusions announced today and we will review the commission’s decision in detail as we consider an appeal, and we look forward to continuing to make our case.”

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