Google execs brace for possible record A$1.6b EU antitrust fine
Posted in: Government & Policy at 13/06/2017 23:25
Google's lawyers and lobbyists are preparing in Brussels to defend the company against what may be a record EU antitrust fine.
A penalty in the shopping-search probe could come within weeks and many expect it to exceed a $US1.2 billion fine ($1.6 billion) on Intel in 2009.
That would be another show of strength by EU Competition Commissioner Margrethe Vestager who slapped Apple with a €13 billion ($19.4 billion) tax bill in August. Google is a top priority case for her as European politicians and publishers push for action against the Mountain View, California-based company that's come to dominate online advertising.