Google starts first of 3 legal battles against $9 billion in EU fines - Business Insider

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Google says the EU's hardline antitrust punishments threaten internet innovation as it starts the first of three legal battles against $9 billion in EU fines

Google says the EU's policy of imposing large fines over antitrust concerns threatens internet innovation, as it starts a legal challenge against the first of three fines which total more than $9 billion.

The US tech giant is currently contesting a €2.4 billion fine handed to it by the EU in 2017 for alleged anticompetitive practices concerning its Google Shopping price comparison service. It has received two other huge fines from the EU since then for $5 billion and $1.7 billion, both on antitrust grounds.

According to Bloomberg, Google's lawyer Thomas Graf told the EU's General Court Wednesday that Google "would have had no other option but to abandon its innovative technologies and its improved designs" had a similar fine been imposed on it in a decade earlier.A mammoth legal battle between Google and the EU has just begun – and Google has wasted no time marshaling its arguments.

Google says the EU's policy of imposing large fines over antitrust concerns threatens internet innovation, as it starts the first of three legal challenges against a total of $9 billion in EU fines.for allegedly abusing its dominance as a search engine to give an unfair advantage to its own shopping comparison service.

 

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Google thinks it is a future governing body. Tell them to f***-off. Terrorism will not be tolerated by companies THAT empowered. Not going to happen.

I think Google threatens internet innovation because it only favors them and the shareholders and screws everyone else. The internet was meant to a peer to peer system.. but capitalism and corporatism effed us on that one.

I think google honestly believes it’s going to be able to blackmail people legally, in just a matter of years. That is my 100% opinion. YouTube is a great product, but I’d dump almost all the rest and vacuum the archives or material artifacts. But they need to eat a d***.

9 billion would make an impact on balance sheets. I’m sure they’ll fight it hard

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