EU fines Google by 2 billion 424 million euro

EU fines Google by 2 billion 424 million euro

The European Union fined Google for pushing back the rivals’ programs in its search engine. It is the highest penalty ever appointed by the European Commission. In the past the sum has not exceeded one billion. The “gravity of the crime” was taken into consideration. Google has 90 days to stop unfair competition, otherwise a new penalty will be established, which equates to 5% of the average daily worldwide turnover of its parent company Alphabet.

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