Google Could Face Heavy Antitrust Fines In the EU

SquarePixel writes "Europe's competition watchdog is considering formal proceedings against Google over antitrust complaints about the way it promotes its own services in search results, potentially exposing the company to a fine of 10 percent of its global turnover. Google is accused of using its search service to direct users to its own services and to reduce the visibility of competing websites and services. If the Commission found Google guilty of breaking E.U. competition rules, it could restrict Google's business activities in Europe and fine the company up to 10 percent of its annual global revenue (US$37.9 billion last year)."

Comments

Re:EU needs money to give to Greece

[clarkkent09]

And 1% would give everybody a monthly income of 800. And why stop there? A 25% tax would give everybody 20,000 euro a MONTH and everybody will be filthy rich and nobody will have to work ever again. You, Sir, are a genius!