The European Commission (EC) has fined Google $2.7 billion for unfairly influencing online search results for its own businesses. It was the largest fine ever ordered by the EC against a single company in an antitrust case. Antitrust laws are designed to protect trade from unlawful restrictions and unfair business activities. European Union (EU) investigators said that in online searches with Google, the company listed links to its own online shopping services above those of competitors. “What Google has done is illegal under EU antitrust rules,” said European Competition Commissioner Margrethe Vestager. “It denied other companies the chance to compete on the merits and to innovate,” she added.
What does merit mean?
bad quality
poorly constructed
good quality
to be awarded something
Which company was fined for unfairly influencing online search results for its own businesses?
Amazon
Whole Foods
Google
Bank of America
It was the largest fine ever ordered by the EC against a single company in an antitrust case.
antitrust
intense
criminal
technology