Alphabet's Google has lost its appeal against a 2.42 billion euro EU antitrust fine related to anti-competitive practices, affirming earlier regulatory decisions.
The Court of Justice of the European Union emphasized that while having a dominant position isn't illegal, exploiting it to hinder competition is strictly prohibited.
Over the past decade, Google has accumulated a staggering 8.25 billion euros in EU fines for various anti-competitive actions, highlighting ongoing scrutiny.
Google is currently contesting multiple EU antitrust cases, including charges that could require divesting part of its adtech business to address competition concerns.
Collection
[
|
...
]