Google loses EU lawsuit, fined 24 billion euros

Wallstreetcn
2024.09.10 11:49
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Google, entangled in an antitrust lawsuit, lost the final ruling in the European Union. Today, the EU court announced to uphold the original verdict, imposing a fine of 2.4 billion euros on Google. This is to punish Google for displaying its own shopping services prominently through high rankings in search engines, while suppressing the rankings of competitors, abusing its monopoly power to strike against competitors