Google says the EU's hardline antitrust punishments threaten internet innovation as it starts the first of three legal battles against $9 billion in EU fines
Google says the EU's policy of imposing large fines over antitrust concerns threatens internet innovation, as it starts a legal challenge against the first of three fines which total more than $9 billion.
The US tech giant is currently contesting a €2.4 billion fine handed to it by the EU in 2017 for alleged anticompetitive practices concerning its Google Shopping price comparison service. It has received two other huge fines from the EU since then for $5 billion and $1.7 billion, both on antitrust grounds.
According to Bloomberg, Google's lawyer Thomas Graf told the EU's General Court Wednesday that Google "would have had no other option but to abandon its innovative technologies and its improved designs" had a similar fine been imposed on it in a decade earlier.A mammoth legal battle between Google and the EU has just begun – and Google has wasted no time marshaling its arguments.
Google says the EU's policy of imposing large fines over antitrust concerns threatens internet innovation, as it starts the first of three legal challenges against a total of $9 billion in EU fines.for allegedly abusing its dominance as a search engine to give an unfair advantage to its own shopping comparison service.
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