BRUSSELS (Reuters) – Europe’s second-top courtroom on Wednesday backed Alphabet system Google’s impediment versus a 1.49 billion euros ($ 1.66 billion) antitrust nice enforced 5 years in the past for stopping opponents in on the web search advertising.
“The court (…) upheld most of the commission’s assessments, but annulled the decision imposing a fine of almost 1.5 billion euros on Google, on the grounds in particular that it had failed to take in account all the relevant circumstances in its assessment of the duration of the contractual clauses that it had found to be unfair,” the Luxembourg- based mostly General Court claimed.
The European Commission in 2019 bied far the penalty to the globe’s most most popular web on-line search engine, amongst a triad of penalties which have truly set you again Google an general of 8.25 billion euros.
The state of affairs is T-334/ 19 Google and Alphabet v Commission (Google AdSense for Search).
($ 1 = 0.8990 euros)
(Reporting by Foo Yun Chee; Writing by Benoit Van Overstraeten; Editing by Sudip Kar-Gupta)
