Tag: antitrust
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Google to pay $2.7 billion for abusing its dominance
The European Union (EU) has fined Google a record-breaking 2.4 billion-euro ($2.7 billion) in what is just a fraction of the costs from the EU’s demand that the Internet giant stop skewing search results to favour its own shopping site gaining ‘undue’ dominance in so doing. To some smaller businesses, this might mean ‘torn apart’,…
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Google faces record EU antitrust fine
The European Union’s antitrust watchdog in the coming weeks is set to hit Google with a record fine for manipulating its search results to favour its own comparison-shopping service, according to people familiar with the matter. Wall Street Journal reports the penalty against Google is expected to top the EU’s previous record fine of €1.06…
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Kaspersky files antitrust complaints against Microsoft
Russian security software maker Kaspersky Lab has filed antitrust complaints against Microsoft with the European Commission and the German federal cartel office, it said in a statement on Tuesday. Kaspersky contends that Microsoft is abusing its market dominance to crowd out independent anti-virus software makers, pushing Windows 10 users towards its own Windows Defender software,…