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Why is Google being fined $3.4 billion?

Speed News Desk | Updated on: 17 May 2016, 9:46 IST

Internet giant Google faces a record anti-trust fine of over three billion euros (USD 3.4 billion) from the European Commission.

The commission has accused Google of promoting its shopping services on Internet searches at the expense of rival services.

The case was filed for the first time in 2010 and has dragged on since. According to media reports, the bill had not been finalised yet.

According to The Sunday Telegraph, Google will also be banned from manipulating search results to favour itself and harm rivals.

The biggest antitrust fine till date was a 1.1 billion-euro fine imposed on chip-maker Intel in 2009.

Google and the commission have declined to make any official statement on the issue.

First published: 17 May 2016, 9:46 IST
 
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