GOOGLE SAYS THE EU'S HARDLINE ANTITRUST PUNISHMENTS THREATEN INTERNET INNOVATION AS IT STARTS THE FIRST OF THREE LEGAL BATTLES AGAINST $9 BILLION IN EU FINES

Justin Sullivan/Getty Images Google says the EU's policy of imposing large fines over antitrust concerns threatens internet innovation, as it starts a legal challenge against the first of three fines which total more than $9 billion. The US tech giant is currently contesting a €2.4 billion ($2.62 billion) fine handed to it by the EU in 2017 for alleged anticompetitive practices concerning its Google Shopping price comparison service. It...

BusinessInsider (Date:02/12/2020 15:12) Read full article >>

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