The EU Court decided on Wednesday that the European Commission was right when it has fined Google for violating antitrust rules, in what is a reference moment for EU policy, which could have an impact on the business models in the big technology players..
According to the CNBC, the decision comes after the European Commission appreciated, in 2017, that Google favored its own price comparison services and fined the company with 2.42 billion euros ($ 2.8 billion) for violating Antitrust rules.Google, unity of Alphabet, challenged statements at the second supreme court of the EU.
In addition, the court also confirmed the fine to 2.42 billion euros.
The decision can be appealed with the highest court of the EU.The European Commission and Google were not available immediately for comments.
This is not the first time that the EU Court rules on an antitrust case filed by the European Commission and directed against a technological giant.
In July 2020, the Chamber decided that the Commission failed to prove that the Irish government granted a fiscal advantage to Apple - this after the institution based in Brussels asked the Republic of Ireland to recover 13 billion euros from the iPhone manufacturer in 2016.The court's decision meant a significant blow to Margrethe Vestager, the EU head of competition, and for his team.