Google Hit with $2.7B Fine
European regulators have slapped a record $2.72 billion fine on internet giant Google on Tuesday for breaching antitrust rules with its online shopping service. The European Commission, which polices European Union competition rules, alleges Google elevates its shopping service even when other options might have better deals. The EU’s competition watchdog said “Google has abused its market dominance as a search engine by giving an illegal advantage to another Google product, its comparison shopping service.” I’m just glad http://www.fireballnotes.com/ continues to appear. I must be doing something right, or at least not too badly.