Google fined a record €2.4 billion by the EU for manipulating search results
Google has been hit with a record-breaking €2.42 billion ($2.7 billion) fine by the European Union for breaking antitrust law. The decision follows a seven-year investigation into the US search giant’s shopping comparison service, which ended with the judgement that Google had “abused its dominant position by systematically favoring” its own services. Today’s fine is the largest antitrust judgement handed out by the executive body of the EU, the European Commission, and beats a €1 billion penalty given to Intel in 2009.
The target of today’s case is Google Shopping, a price comparison feature built into the company’s main search engine. The commission’s antitrust filing states that Google showed users…