Google Hit With $2.7 Billion Fine by European Antitrust Monitor
The European Commission has fined Google 2.42 billion euros ($2.72 billion) after finding out that the company used its dominant search engine to drive people toward another Google product, its shopping service. The fine's amount, as the European Commission says, is due to the "duration and gravity" of Google's actions. Google defends the way it handles online shopping, saying that it connects users with advertisers "in ways that are useful for both." I believe Google will be able to get its way out of the fine. With the amount of power and money Google has, there's no way they could possibly lose any sort of debate with how they have to keep themselves in check consistently.
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