{"id":3086,"date":"2017-06-18T00:52:00","date_gmt":"2017-06-17T22:52:00","guid":{"rendered":"http:\/\/borncity.com\/win\/?p=3086"},"modified":"2022-09-04T22:11:52","modified_gmt":"2022-09-04T20:11:52","slug":"is-google-facing-a-record-e-u-fine-by-end-of-august-2017","status":"publish","type":"post","link":"https:\/\/borncity.com\/win\/2017\/06\/18\/is-google-facing-a-record-e-u-fine-by-end-of-august-2017\/","title":{"rendered":"Is Google facing a record E.U. Fine by End of August 2017?"},"content":{"rendered":"<p><img decoding=\"async\" style=\"float: left; margin: 0px 10px 0px 0px; display: inline\" alt=\"\" src=\"https:\/\/web.archive.org\/web\/20200810043127\/https:\/\/r53.imgup.net\/Euro6918.jpg\" align=\"left\">There is a rumor that European antitrust officials are preparing a record fine against Google. Margrethe Vestager, the European Union's competition chief, is reported 'in the final stages of ruling on the case'. <\/p>\n<p><!--more--><\/p>\n<p>I've read about that rumor within several news sites.&nbsp; First it was mentioned at <a href=\"http:\/\/www.reuters.com\/article\/us-eu-google-antitrust-exclusive-idUSKBN18S5OU\" target=\"_blank\" rel=\"noopener\">this Reuters article<\/a>, now also other news sites like <a href=\"https:\/\/web.archive.org\/web\/20220204124730\/https:\/\/www.nytimes.com\/2017\/06\/16\/business\/eu-google-antitrust-fine.html?_r=0\" target=\"_blank\" rel=\"noopener\">New York Times<\/a> has articles about that topic. According to sources involved into that matter, EU antitrust regulators aim to slap a hefty fine on Google until August 2017. <\/p>\n<p>This will end a seven-year investigation against Google's search engine practice. Reuters wrote: 'The EU competition authority accused Google in April 2015 of distorting internet search results to favour its shopping service, harming both rivals and consumers.' <a href=\"https:\/\/web.archive.org\/web\/20220204124730\/https:\/\/www.nytimes.com\/2017\/06\/16\/business\/eu-google-antitrust-fine.html?_r=0\" target=\"_blank\" rel=\"noopener\">New York Times<\/a> writes, that the financial penalty is expected to be larger than the fine of 1.06 billion euros, that Intel was forced to fork out for antitrust abuses in Europe in 2009. A fine may be 10 % of Google's income, which was 90 billion in 2016 \u2013 so the fine could be up to 9 billion US $. Further details may be read within the <a href=\"https:\/\/web.archive.org\/web\/20220204124730\/https:\/\/www.nytimes.com\/2017\/06\/16\/business\/eu-google-antitrust-fine.html?_r=0\" target=\"_blank\" rel=\"noopener\">New York Times<\/a> article.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>There is a rumor that European antitrust officials are preparing a record fine against Google. Margrethe Vestager, the European Union's competition chief, is reported 'in the final stages of ruling on the case'.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1319],"tags":[889,117],"class_list":["post-3086","post","type-post","status-publish","format-standard","hentry","category-general","tag-e-u","tag-google"],"_links":{"self":[{"href":"https:\/\/borncity.com\/win\/wp-json\/wp\/v2\/posts\/3086","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/borncity.com\/win\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/borncity.com\/win\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/borncity.com\/win\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/borncity.com\/win\/wp-json\/wp\/v2\/comments?post=3086"}],"version-history":[{"count":0,"href":"https:\/\/borncity.com\/win\/wp-json\/wp\/v2\/posts\/3086\/revisions"}],"wp:attachment":[{"href":"https:\/\/borncity.com\/win\/wp-json\/wp\/v2\/media?parent=3086"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/borncity.com\/win\/wp-json\/wp\/v2\/categories?post=3086"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/borncity.com\/win\/wp-json\/wp\/v2\/tags?post=3086"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}