Europe’s Google Fines Cross the Line
The European Union's escalating fines on Google betray a simplistic understanding of what constitutes free and fair competition. If Google is a "monopoly," that is because it has outperformed all other market competitors, not because it has abused its position or benefited from state intervention to keep out competitors.
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PARIS – The European Union’s regulatory bodies seem to be particularly hostile to Google. In June 2017, the European Commission fined the company €2.42 billion ($2.75 billion) for breaching EU antitrust rules, after concluding that, “Google has abused its market dominance as a search engine by giving an illegal advantage to another Google product, its comparison shopping service.”