Google to Face EU Antitrust Fine as Soon as Tuesday
- EU has accused Google of unfairly promoting shopping search
- Fine, expected to be a record, could be followed by others
Google May Be Facing a Record EU Antitrust Fine
This article is for subscribers only.
Google is set to face a record antitrust fine from the European Union on Tuesday for promoting its own shopping search service over those of smaller rivals, according to two people familiar with the probe that has dramatically sped up in recent days.
The fine for Alphabet Inc.’s Google, expected to top a previous $1.2 billion record, will skirt the usual rules that see all of the EU’s 28 commissioners discuss controversial decisions at a weekly meeting, usually on a Wednesday. Instead, EU Competition Commissioner Margrethe Vestager will lay out a ruling that’s been rubber-stamped by her colleagues in a so-called written procedure, said one of the people who spoke on condition of anonymity.