Google loses challenge against EU antitrust ruling, $2.8-billion fine


FILE PHOTO: The logo of Google is seen in Davos, Switzerland January 20, 2020. 2020. REUTERS/Arnd Wiegmann/File Photo

LUXEMBOURG (Reuters) -Alphabet unit Google lost an appeal against a 2.42-billion-euro ($2.8-billion) antitrust decision on Wednesday, a major win for Europe's competition chief in the first of three court rulings central to the EU push to regulate big tech.

Competition Commissioner Margrethe Vestager fined the world's most popular internet search engine in 2017 over the use of its own price comparison shopping service to gain an unfair advantage over smaller European rivals.

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