BRUSSELS, Sept 10 (Reuters) - Alphabet's (GOOGL.O), opens new tab Google on Tuesday lost its fight against a 2.42 billion euro ($2.7 billion) fine levied by EU antitrust regulators seven years ago, one of a trio of hefty fines meted out to the company for various anti-competitive practices.
The European Commission fined the world's most popular internet search engine in 2017 for using its own price comparison shopping service to gain an unfair advantage over smaller European rivals.
A lower tribunal had endorsed the EU competition enforcer's decision in 2021, prompting Google to appeal to the Luxembourg-based Court of Justice of the European Union. [Read More...]