Google says EU antitrust regulators are holding back innovation

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Google says EU antitrust regulators are holding back innovation GlobeBusiness

Google defended its business model on Wednesday, saying that making innovative products was at its core rather than helping rivals, as it sought to overturn a 2.4-billion-euro EU antitrust fine at Europe’s second-highest court.

Two further decisions for different issues since then have lifted the total penalty to 8.25 billion euros, four times more than Microsoft’s EU fines of 2.2 billion euros. “It is as if Google has applied a ranking algorithm to the decision and decided that parts of it just aren’t relevant,” Khan said.

 

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