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Google hasn’t learned from its $2.7 billion fine, EU shopping rivals say

11.28.2019 · Posted in Technology Articles
Google hasn't learned from its $2.7 billion fine, EU shopping rivals sayRemember the $2.7 billion fine the European Union imposed on Google in 2017, for unfairly promoting its price comparison service, Google Shopping, over competitors' sites? According to a large group of Shopping rivals in the EU, the fine didn't do the trick, as Google still hasn't learned its lesson.  A group of 41 price comparison sites, including Idealo, Kelkoo, Ceneo and Foundem, have signed a joint letter to European Competition Commissioner Margrethe Vestager, accusing Google of "artfully avoiding compliance with the law," Reuters reported Thursday.  The EC ruling in June 2017 ordered Google to stop its competitive practices. "Google abused its market dominance as a search engine by promoting its own comparison shopping service in its search results, and demoting those of competitors," Vestager said at the time.  Read more... More about Google, European Commission, Online Shopping, Margrethe Vestager, and Tech

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