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Setback for Google as EU Court adviser backs $1.7 billion antitrust fine

Setback for Google as EU Court adviser backs $1.7 billion antitrust fine
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Setback for Google as EU Court adviser backs $1.7 billion antitrust fine BRUSSELS, Nov 12 : Google suffered a setback on Thursday as an adviser to Europe's top court faulted a lower tribunal's decision to scrap a €1.49 billion ($1.7 billion) fine levied against the U.S. tech giant 7 years ago for anti-competitive practices related to online advertising. The General Court rejected in 2024 the EU decision, prompting the Commission to appeal to the Luxembourg-based Court of Justice of the...

Setback for Google as EU Court adviser backs $1.7 billion antitrust fine BRUSSELS, Nov 12 : Google suffered a setback on Thursday as an adviser to Europe's top court faulted a lower tribunal's decision to scrap a €1.49 billion ($1.7 billion) fine levied against the U.S. tech giant 7 years ago for anti-competitive practices related to online advertising. The General Court rejected in 2024 the EU decision, prompting the Commission to appeal to the Luxembourg-based Court of Justice of the European Union. ($1 = 0.9027 euros)
Google (ORG) EU Court (ORG) BRUSSELS (LOCATION) Europe (LOCATION) U.S. (LOCATION) The General Court (ORG) EU (ORG) Commission (ORG) Luxembourg (LOCATION) Court of Justice of the European Union (ORG)
Originally published by Channel News Asia Read original →