Google braces itself for £4bn fine as Europe prepares to file anti-competition lawsuit against the internet giant

Google is facing a fine of up to £4billion as Europe prepares to file a high-profile anti-competition lawsuit against the internet giant.

The EU has been investigating the US search engine for five years following complaints that it abuses its dominance in the continent – but proceedings have stalled on three previous occasions.

Now the European Commission, the EU’s top antitrust authority, is asking companies who previously filed confidential complaints against Google for permission to publish them, so that officials can begin to build a case against the firm.

If found to have been behaving unfairly, Google could be fined ten per cent of its annual revenues, which would be more than £4 billion based on last year’s performance…

Share