stayontheblack.com

Business

Google appeals $2.9 billion antitrust fine from EU

Illustration by Alex Castro  The Verge

Google has already submitted a rough draft to regulators over changes it must make by September 28 to avoid further fines, which should include giving equal treatment to rivals.

Following the ruling, Google said it "respectfully" disagreed and was considering whether to appeal.

It is anticipated to take years before the Luxembourg-based General Court rules on the case.

Last week, EU officials said a plan that Google recently filed to comply with European regulations appeared to be a step "in the right direction".

Google faces a further fine amounting to 5% of the average daily global earning of its parent company Alphabet (NASDAQ:GOOG) if it continues its practices after the deadline.

"Google's strategy for its comparison shopping service wasn't just about attracting customers by making its product better than those of its rivals", commissioner Margrethe Vestager, who is in charge of competition policy, said when June's decision was announced.

Google is still obliged to pay up despite the legal challenge, but it can put the money in a locked account until the court reaches a decision.

A court spokeswoman said Google had not asked for an interim order to suspend the European Union decision. It denied other companies the chance to compete on the merits and to innovate.

The EU Court of Justice (ECJ) ordered a lower tribunal last week to re-examine USA chipmaker Intel's appeal against a 1.06 billion euro fine, a rare setback for the Commission.

The EU is also expected to soon decide another case against Google over abuse of its dominance of internet search to impose its Android mobile operating system.