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Corporate Event

Google Shopping Antitrust Case

Antitrust and Regulatory Actions

In 2017 the European Commission fined Google a record sum, later reported at roughly 2.4 billion euros, after finding that the company had abused its dominant position in general internet search to favor its own Google Shopping comparison service over rival services. Google appealed the decision, and the case became a landmark example of European antitrust enforcement against a major American technology company.

Facts
Event Type
Antitrust case 1
Event Year
2017 1
Connections

Associated With

Source Wikipedia, Regulatory compliance

Companies Involved

Sources
1. Wikipedia, Antitrust Cases against Google by the European Union
WikipediaGoogle Shopping investigation, Decision and impact section
Quote, Google Shopping investigation, Decision and impact section
On 27 June 2017, the EC imposed a fine of €2.4 billion (about US$2.7 billion) on Google for abusing its dominance, the largest such antitrust fine issued by the EC.
View the Source
Wikipedia, Regulatory compliance
Associated With: Legal and Compliance, Classified by subject-matter domain of the corporate event (w-bbfill-business-other-0926); cites the discipline definition.View the Source
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