Advertisement
trendingNowenglish1885560https://zeenews.india.com/news/net-news/google-faces-three-billion-euro-fine-for-promoting-its-shopping-services_1885560.html

Google faces three billion euro fine for promoting its shopping services

Google will also be banned from continuing to manipulate search results to favour itself and harm rivals.

Google faces three billion euro fine for promoting its shopping services

California: Internet giant Google faces a record anti-trust fine of around three billion euros(USD 3.4 billion) for promoting its shopping service in Internet searches at the expense of rival services.

According to British newspaper The Sunday Telegraph, Google will also be banned from continuing to manipulate search results to favour itself and harm rivals.

The Commission can fine firms up to 10 percent of their annual sales, which in Google's case would be a maximum possible sanction of more than six billion euros, report Reuters.

The biggest antitrust fine till date was a 1.1 billion-euro fine imposed on chip-maker Intel in 2009.

Stay informed on all the latest news, real-time breaking news updates, and follow all the important headlines in india news and world News on Zee News.

NEWS ON ONE CLICK