Google fined 1.49 billion euros for disadvantaging rivals on its search platform

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The EU's regulatory body, the European Commission, fines Google a third time for disadvantaging competitors on its search engine.

Alphabet subsidiary Google has been fined 1.49 billion euros by the European Commission, marking its third large EU antitrust penalty in two years.Between 2006 and 2016, prime Google search ad spots were reserved for its servicesEU Commissioner for Competition Margrethe Vestager did, however, give a cautious welcome to Google's measures to boost competition and give Android users a choice of browsers and search apps, suggesting the company's regulatory woes may be coming to an end.

Facebook is everyone's favourite punching bag, but Silicon Valley's claims about ethics don't always stack up, writes Ariel Bogle. "Today's decision is about how Google abused its dominance to stop websites using brokers other than the AdSense platform," Ms Vestager told a news conference.

 

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That’s like a $645 fine to a guy who earns $50,000 a year

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