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European Union Getting Fed Up With Google, May Impose Hefty Fine

July 7, 2023
in Trade Tube
Reading Time: 1 min read
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As part of the European Commission’s ongoing antitrust probe into Google (GOOG), the competition watchdog reportedly told the search giant it could face a fine based on its AdWords revenue that’s derived from European users. And the fine would be a hefty one, large enough to act as a future deterrent, according to Bloomberg, which cited a version of the commission’s statement of objections. The report says the European Union also may ask Google to alter how its shopping services are displayed. In April, the commission sent a Statement of Objections to Google, outlining its view that Google’s comparison shopping service abuses the company’s dominant position in general Internet search. Among its concerns about Google’s conduct, the commission said it found that Google’s comparison shopping products are systematically displayed prominently at the top of search results, without regard to the most relevant results. The commission gave Google ten weeks to respond, which the company has yet to do.

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