On Friday, anonymous sources told the Financial Times and The New York Times that Google is set to be hit by a potentially even bigger fine from the EU's antitrust body as part of a long-running case concerning its search business.
According to the Financial Times, citing its sources, European Union officials are expected to announce in the coming weeks that the company has been guilty of manipulating its search engine results to favor its new Google Shopping service, which offers price comparisons on products.
The penalty will be imposed for abuse of dominant position in the market.Читайте также: No verdict Tuesday in Bill Cosby sexual assault case
Regulators can only fine as much as 10% of a company's FY revenues but Google's revenues were $90.27B past year. If it fails to agree a deal with the commission in that period, the company could be fined up to 5% of average daily turnover for each day of delay.
Google is accused of giving special treatment to its own products in search, which is hurting sites that are competing with Google and who depend on internet searches.
Citing two people familiar with the case, the London newspaper said Brussels is preparing to announce the first of its trio of antitrust decisions on the company's practices in Europe.
Google is highly likely to appeal against the decision, in a move that will extend the case for years to come. The probes raised suggestions that Brussels was mounting a campaign against United States companies which it had rejected.
Google made three unsuccessful attempts to settle the case with the previous European Competition Commissioner Joaquin Almunia in a bid to stave off a possible fine and a finding of wrongdoing.При любом использовании материалов сайта и дочерних проектов, гиперссылка на обязательна.
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