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European court dismisses Google's appeal against €2.4bn fine

THE EU General Court said today that it “largely dismisses” Google’s appeal against a €2.4 billion (£2bn) fine for anti-competitive practices.

The European Commission determined in 2017 that the tech giant had been unfairly directing visitors to its own shopping service, Google Shopping, to the detriment of competitors.

The fine is one of three anti-trust penalties levied on Google as the EU tries to rein in the US behemoth. Together, the fines amount to €8.25bn (£7bn). Google is appealing against all of them.

The commission launched new anti-trust investigations this year into whether Google and Facebook are stifling competition in digital and classified advertising markets. It’s also investigating Apple over payments and Amazon over concerns that it’s unfairly competing against independent merchants on its platform with its own products.

Both the EU and Britain are drafting new rules on holding social media companies accountable for content on their sites that is deemed harmful.

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