Google faces record 3.4 billion dollar EU antitrust fine

By REUTERS
May 15, 2016 19:43

LONDON - Google faces a record antitrust fine of around USD 3.4 billion from the European Commission in the coming weeks, British newspaper The Sunday Telegraph said.

The European Union has accused Google of promoting its shopping service in Internet searches at the expense of rival services in a case that has dragged on since late 2010.

Several people familiar with the matter told Reuters last month they believed that after three failed attempts at a compromise in the past six years Google now had no plans to try to settle the allegations unless the EU watchdog changed its stance.


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