Google Recede Antitrust Fine

Google Re-appeals its €2.4 billion antitrust fine placed by the European Commission in June at the High Court in Brussel.

American Search giant Google is re-appealing the huge antitrust fine of €2.4 billion placed by the European Commission early June this year in Brussel. The fine was placed on the company for approving its own shopping services over its competitors thereby abusing their market dominance and control.

A court’s speaker said that the company made no effort to debate the decision of the court to make adjustments that allows all shopping companies promote their services equally on its platform without downgrading the placements of its competitors

The company stated its appeal on Monday in Luxembourg with the general court, relating its efforts to revamp by September 28, of which failure to do so will attract additional fines by the European Union. The appeal was confirmed by google though nothing was stated further.

Google In Danger Of Incurring More Fines

The fine is a 2.4% of the 2016 income of Alphabet Inc – the parent company of Google and several former Google subsidiaries and if they fail to implement the solution by the agreed time (September 28) the company is in danger of incurring as high as 5% of the average daily income of Alphabet as extra fines.

In June, Google responded to the decision of the European Union in good faith saying that the decision was politely opposed and being examined carefully as they make plans to appeal to the commission to change its decision. The EU also has two ongoing different examinations concerning Google. The principal considers how the organization averted sites that make use of its search engine from showing rivalry advertisements and the second being how google monopolizes its applications on Android devices

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