Google Face $9 Billion Fine In Europe For Manipulating What Uses Can See

Sputnik International   Posted Fri., June 02, 2017

An investigation by the European Commission into questionable business practices that directed user searches to Google’s own shopping services is likely to result in a massive anti-competition penalty for the Mountain View, California giant.

An EU source tells Reuters the fine could come within the next two months.

On three occasions, Google has sought to settle the accusations before they became a legal concern. Each effort ended in defeat.

Rigging search results is an unfair market distortion, Google’s critics complain, that ultimately harms consumers and other search engines. Google’s rivals have sent anti-trust concerns to the EU competition council for years. Under EU rules, firms found in violation of competitiveness regulations can receive a fine worth 10 percent of yearly turnover. For Alphabet’s subsidiary, this translates to about $9 billion and change.

In addition to the financial loss, regulators may create a new set of rules specifically tailored for

Google in order to level the competitive playing field.

Google is also the subject of two other EU probes that have yet to be completed.

Meanwhile, 85 percent of internet advertising revenue growth in 2017 will funnel directly to Google and Facebook, Axios reported June 1.


About ron abbass

Because of my last name, there are some who might think I'm a Muslim. I'm an older student of the bible and I regard myself as Christian-other. That is, I was baptized in a Torah-keeping assembly. I'm one who tries his best to follow Yayshua, the Messiah (Christ) by keeping the commandments, the dietary laws, the weekly Sabbath and the annual Sabbaths (Holy Days) instituted and ordained by the great I AM, the Creator-God of Israel. I reject the holidays and festivals invented by the Roman church. Truth-seeking is my present passion. Presently, I do a lot of research into the World Wars, the mass media, the Holocaust, Zionism, Health Issues, 9/11 and the power brokers who are behind the New World Order that is gradually being established mainly in the Western Nations. Many prognosticators (prophets) both secular and religious are warning us that we are living "On the Eve of Destruction" - the last days. There's a very good chance a nuclear tsunami will eventually visit many nations. Peace and blessings to all who love the truth and hate the lies.
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