The CJEU judges ruled that while EU law does not prohibit a dominant market position, it does forbid the abusive exploitation of such a position.
“In particular, the conduct of undertakings in a dominant position that has the effect of hindering competition on the merits and is thus likely to cause harm to individual undertakings and consumers is prohibited,” they said, as per news agency Reuters.
Meanwhile, EU antitrust chief Margrethe Vestager cheered the decision against Google, praising the Google judgement as a big win for digital fairness.
“It [the decision] confirms that Google favoured its own comparison shopping service and actively limited choice for European users,” she said in a post on X.
This loss adds to Google’s growing list of EU antitrust fines, which have now reached a total of EUR 8.25 billion (approx. $9.09 billion) in the past decade. Google is currently awaiting judgments on appeals related to two other rulings involving its Android operating system and AdSense advertising service.
Furthermore, the company is also fighting other antitrust charges imposed on the company in the EU last year. These charges can force the tech giant to divest part of its profitable adtech business.
The annual SuperValu French Wine Event returns on Thursday, 5th September packed full of sensational wines that have been hand-picked by SuperValu’s win
Tesco is a build house at present but moving to a hybrid modelAs AI is advancing so quickly, Tesco is adapting its successful internal build out technology m
By Cindy Tran for Daily Mail Australia Published: 04:57 BST, 17 September 2024 | Updated: 07:22 BST, 17 September 2024
(Bloomberg) -- US equity futures rose as traders looked forward to a final set of economic data before the Federal Reserve decides on the size of Wednesday’s