Google Wins Legal Bid to Overturn 1.5 Billion Euro Antitrust Fine in EU Digital Ad Case

LONDON—Google won a court challenge on Wednesday against a 1.49 billion euro ($1.66 billion) European Union antitrust fine imposed five years ago that targeted its online advertising business.

The EU’s General Court said it was throwing out the 2019 penalty imposed by the European Commission, which is the 27-nation bloc’s top antitrust enforcer.

“The General Court annuls the Commission’s decision in its entirety,” the court said in a press release.

The commission’s ruling applied to a narrow portion of Google’s ad business: ads that the U.S. tech giant sold next to Google search results on third-party websites.


Read Full Article Here
 

Get latest news delivered daily!

We will send you breaking news right to your inbox

© 2024 GovernmentExclusive.com, Privacy Policy