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Google files appeal against EU record antitrust fine

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Google files appeal against EU record antitrust fine

According to the Financial Times, the tech giant refrained instead to seek redress of the Commission request to make changes to the comparison shopping practices found in breach of EU antitrust law.  Google indeed recently announced that it would respect the deadline of 28 September, avoiding the risk of additional fines of up to 5 per cent of daily revenues for each day of delay. Details of the proposed changes are not public, and the Commission has one month to evaluate whether they are satisfactory.
 
TechCrunch suggests that Google’s decision to appeal might be buoyed by the recent ruling of the CJEU, which referred the Intel antitrust case back to a lower court for re-examination. The fine of €1,09bn issued to Intel in 2009, represented a record for 8 years, before being surpassed by Google’s last June. 
 
A spokesperson of the CJEU told TechCrunch that “On average, it takes between 18 months and 2 years from the day on which an appeal is lodged to final judgment being handed down.” The EU antitrust probe in Google’s business practices has already lasted seven years so far: for an exhaustive summary, and an overview of similar investigations the world over, refer to our briefing on the topic Google’s antitrust woes around the world.  

Author

Elena Perotti's picture

Elena Perotti

Date

2017-09-12 12:27

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