Google Faces Record EU Antitrust Fine, Search Limits: Telegraph
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European antitrust authorities will impose a record fine on Google in coming weeks for abusing its dominance of the online search market in the region, the U.K.’s Telegraph newspaper reported.
The European Commission is planning to fine the world’s largest Internet search provider about 3 billion euros ($3.4 billion), the newspaper said. That would surpass its toughest antitrust punishment to date, a 1.1 billion-euro fine levied on Intel Corp., the largest semiconductor maker.