Google wins appeal against €1.49 billion EU antitrust fine - Breaking The News
Download our appPlay StoreApp Store

Google wins appeal against €1.49 billion EU antitrust fine

EPA-EFE/JOHN G. MABANGLO

Europe's second-highest court ruled in favor of Google on Wednesday, overturning a €1.49 billion antitrust fine the European Commission imposed in 2019.

The General Court said it recognized most of the Commission's views. However, the court also noted that the decision had failed to consider "all the relevant circumstances in its assessment of the duration of the contractual clauses that it had found to be unfair." This ruling is part of a series of EU penalties that have cost Google over €8 billion in total.

In 2019, the Commission fined Google €1.49 billion for violating EU antitrust rules. At the time, Commissioner Margrethe Vestager said the company had abused its dominant market position by imposing restrictive clauses in contracts with third-party websites.

Related Stocks
Alphabet A
Related News
Alphabet tops Q1 expectations with $90.23B revenue
Alphabet Inc. announced on Thursday that its revenue for the first quarter of fiscal 2025 increased by 12%, reaching $90.23 billion compared to the same quarter of 2024.The tech company, one of the Magnificent Seven, reported a 31.5% increase in net income to $34 billion, or $2.81 per diluted share. Additionally, the company experienced significant growth in revenue from its Cloud Division, which reached $12 billion, while revenue from services...
PREVIEW: Alphabet to deliver 11% rise in sales
Alphabet Inc. will present its first-quarter earnings after the markets close on Thursday. The tech giant is expected to report an 11% annual increase in revenue to about $89.2 billion, with earnings per share growing by around 6% to between $2.01 and $2.04 and net income at approximately $24.7 billion. In addition, search advertising is forecast to add 9% to around $50.49 billion, while cloud revenue should gain 28% year-on-year, reaching $12.29 billion, both...
Google demands 3-days in office for some staff
Google is requiring certain remote workers to resume office work three days a week if they wish to maintain their positions and avoid being included in the company's broader workforce reductions.According to internal documents obtained by CNBC, multiple Google divisions have informed their remote workers that their positions could be jeopardized if they fail to adopt a hybrid work arrangement at their nearest office location. This requirement applies even to...
Google not adding prompt for Chrome third-party cookies
Alphabet Inc.'s Google announced on Tuesday that it will not launch a new standalone prompt for third-party cookies in Chrome."Users can continue to choose the best option for themselves in Chrome's Privacy and Security Settings," Google Privacy Sandbox Vice-President Anthony Chavez wrote in a blog post. He added that the company will keep strengthening tracking protection in Chrome's incognito mode, including the internet protocol (IP) address...

Please observe our Terms of Use. The price information is time delayed to varying extents, but as a rule by 15 minutes or more, according to the regulations of the selected stock exchange and/or licensors and the type of securities.

© 2025 TeleTrader Software GmbH. All rights reserved

This website uses cookies to ensure you get the best experience. Our Terms of Use and Data Protection Policy explain the data we collect, why we collect them, and how we may share them.