--- title: "Google loses fight against $2.7 billion EU antitrust fine" description: "Google has lost its appeal against a €2.42 billion EU antitrust fine imposed in 2017 for unfair practices favoring its price comparison service over rivals. The Court of Justice of the EU upheld the r" type: "news" locale: "en" url: "https://longbridge.com/en/news/213920898.md" published_at: "2024-09-10T08:14:54.000Z" --- # Google loses fight against $2.7 billion EU antitrust fine > Google has lost its appeal against a €2.42 billion EU antitrust fine imposed in 2017 for unfair practices favoring its price comparison service over rivals. The Court of Justice of the EU upheld the ruling, emphasizing that while having a dominant position is not illegal, its abusive exploitation is prohibited. Google has incurred a total of €8.25 billion in EU fines over the past decade and is awaiting decisions on additional challenges related to its Android operating system and ad services. By Foo Yun Chee BRUSSELS, Sept 10 (Reuters) - Alphabet’s (GOOGL.O) Google on Tuesday lost its fight against a 2.42 billion euro ($2.7 billion) fine levied by EU antitrust regulators seven years ago, one of a trio of hefty fines meted out to the company for various anti-competitive practices. The European Commission fined the world’s most popular internet search engine in 2017 for using its own price comparison shopping service to gain an unfair advantage over smaller European rivals. A lower tribunal had endorsed the EU competition enforcer’s decision in 2021, prompting Google to appeal to the Luxembourg-based Court of Justice of the European Union. CJEU judges noted that EU law does not sanction the existence of a dominant position, but its abusive exploitation. “In particular, the conduct of undertakings in a dominant position that has the effect of hindering competition on the merits and is thus likely to cause harm to individual undertakings and consumers is prohibited,” they said. Google has racked up 8.25 billion euros in EU antitrust fines in the last decade. It has challenged two rulings involving its Android mobile operating system and AdSense advertising service, and is now waiting for the judgments. It is also fighting EU antitrust charges issued last year that could force it to sell part of its lucrative adtech business after regulators accused it of favouring its own advertising services. The case is C-48⁄22 P Google and Alphabet v Commission (Google Shopping). ($1 = 0.9060 euros) ### Related Stocks - [GOOG.US - Alphabet - C](https://longbridge.com/en/quote/GOOG.US.md) - [GOOGL.US - Alphabet](https://longbridge.com/en/quote/GOOGL.US.md) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | YouTube is coming to the Apple Vision Pro | YouTube is launching an official visionOS app for the Apple Vision Pro on Thursday, allowing users to access all types o | [Link](https://longbridge.com/en/news/275787951.md) | | Eu antitrust regulators investigating Google over its sale of search adverts in Europe, letter to advertisers shows | Eu antitrust regulators investigating Google over its sale of search adverts in Europe, letter to advertisers shows | [Link](https://longbridge.com/en/news/275794316.md) | | Waymo Pays DoorDash Drivers to Close Robotaxi Doors | Waymo has initiated a pilot program in Atlanta, paying DoorDash drivers to close the doors of its robotaxis, which canno | [Link](https://longbridge.com/en/news/275936641.md) | | Ibn Al Haytham Hospital FY Income 301,281 Dinars | Ibn Al Haytham Hospital Company PSC (IBNH.AM):IBN AL HAYTHAM HOSPITAL FY NET INCOME AFTER TAX 301,281 DINARSIBN AL HAYTH | [Link](https://longbridge.com/en/news/275996849.md) | | Advance Auto Parts’ Heavy Debt Load Raises Liquidity, Refinancing and Turnaround Risks | Advance Auto Parts Inc (AAP) is facing significant financial risks due to its heavy debt load, which may limit liquidity | [Link](https://longbridge.com/en/news/275997122.md) | --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.