Google and Antitrust Laws

Recently, the European Union fined Google 2.4 billion Euros because of a breach of antitrust laws. The EU stated Google prioritized their shopping services over other companies. Google must cease this behaviour in 90 days or they will be charged even larger fines.

The regulation of Google is an interesting topic. Various countries, like Brazil and South Korea, have alleged Google has violated antitrust policies.  Additionally, there have been several other recent cases involving European regulators and Google. Such cases include requiring Google to pay taxes in Ireland.

This case demonstrates how different jurisdictions apply antitrust laws to online entities.  For example, it is uncommon for American officials to apply antitrust laws to Internet-based companies.

Regardless of varying antitrust policies around the globe, the heavy EU fine will likely impact Google for some time!

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