Google fined by EU $1.7 billion for breaching antitrust rules
Mar 22, 2019 04:17 PM EDT
The European Commission called Wednesday for more efforts to ensure adoption of security proposals and fined Google €1.49 billion (USD $1.7 billion) for breaching EU antitrust rules.
Market dominance is not illegal under EU antitrust rules. However, dominant companies have a special responsibility not to abuse their powerful market position by restricting competition, either in the market where they are dominant or in separate markets. The EU's decision concludes that Google has been dominant in the market for online search advertising intermediation in the European Economic Area (EEA) since at least 2006.