BRUSSELS (Reuters) – Google (GOOGL.O) will on Wednesday seek to overturn the first of three hefty European Union antitrust fines at Europe’s second-highest court in a landmark case that could determine how EU enforcers take on U.S. tech giants for abuse of market power.
FILE PHOTO: The brand logo of Alphabet Inc’s Google is seen outside its office in Beijing, China August 8, 2018. Picture taken with a fisheye lens. REUTERS/Thomas Peter
The company will lay out its arguments against a 2.4-billion-euro ($2.6 billion) fine handed out by the European Commission during a three-day hearing at the General Court.
EU regulators said this penalty was for Google’s favoring its own price comparison shopping service to the disadvantage of smaller European rivals.
The EU has fined Google a total of 8.25 billion euros in three separate cases, including one involving its Android smartphone operating system. This is four times more than its rival Microsoft’s (MSFT.O) EU fines of 2.2 billion…
Source Reuters Tech News
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