Google loses fight to overturn $2.7B EU fine for stifling online shopping rivals
GOOGAlphabet(GOOG) New York Post·2024-09-10 23:15

Google lost its bid to escape a $2.7 billion fine imposed by European Union regulators for illegally stifling rival online shopping services on Tuesday — the latest in a slew of legal setbacks for the tech giant.The European Commission initially imposed the fine in 2017 after determining that Google had violated the law by giving its own “comparison shopping service” priority placement in its search engine results while demoting links to smaller rivals in the region.The EU’s Court of Justice in Luxembourg d ...