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According to The Wall Street Journal:
The European Union's antitrust regulator on Tuesday fined Alphabet Inc.'s Google a record €2.42 billion ($2.71 billion) for favoring its own comparison-shopping service in search results and ordered the search giant to apply the same methods to rivals as its own when displaying their services.
[...] If the ruling sets a precedent that holds, these firms might all have to rethink how they make products that—like Google's search engine—have become more than just tools, but dominant gateways to the wider internet.
From The New York Times:
While the fine will garner attention, the focus will most likely shift quickly to the changes that Google will have to make to comply with the antitrust decision, potentially leaving it vulnerable to regular monitoring of its closely guarded search algorithm.
CNBC adds that, based on a filing, Google expects to ultimately pay this fine.
(Score: 1) by dbv on Wednesday June 28 2017, @03:27AM (1 child)
to censor and filter information [seekingalpha.com] according to EU standards. Facebook, Microsoft, Yahoo [softpedia.com] and others too. Germany is at the forefront [businessinsider.com] of that. I wonder whether this anti-trust action is related to tech industry generally avoiding their diktats.
(Score: 0) by Anonymous Coward on Wednesday June 28 2017, @03:32AM
It's possible it is all related, the EU's internet and IP regulations are all over the map and problematic to say the least, but that does not mean that they are wrong on this.