Brussels fines Google with a record amount of 2,424 million euros

Google has received a great honor today. They have received the highest fine ever imposed by the European Union. It has been the European Commission that has imposed this fine of 2, 424 million euros on the internet giant. The reason for the sanction has been that Google has violated competition in the internet search market.

Brussels fines Google with a record amount of 2, 424 million euros

The commission itself claims that Google has abused its position as market dominant. The case makes specific reference to the server price comparison service, which has provided many benefits to the company.

Price comparison service

As many of you already know, when you search for a product on Google, at the top of the search the product usually comes out with its price on various websites, so that you can enter and buy it directly on various web pages. While on paper the service can be enormously useful to users, not everything is as pretty as it sounds.

Google has taken advantage of this price comparison service to degrade its competitors. Google is accused of favoring its own services and ads, so that those of competitors are in the background. Therefore, from the European Union they consider that the activities carried out by Google are illegal. This fine comes after many discussions with Google's methods, which have been under the spotlight of Europe for about seven years.

Now, there is a fine that can change things a lot. It is the largest fine imposed by Europe. An astronomical figure of 2, 424 million euros had never been reached before. Google has commented that they will review the fine, and plan to appeal. Although they did not want to mention more. Google now has 90 days to apply solutions, so we'll see how this story unfolds. What do you think of this fine?