Tag: EU antitrust legislation

• Thursday, July 19th 2018 - 04:37 UTC

  Google fined 2.42bn Euros by the European Commission for abuse of power

  

  Google has been fined 2.42bn Euros by the European Commission after it ruled the company had abused its power by promoting its own shopping comparison service at the top of search results. The amount is the regulator's largest penalty to date against a company accused of distorting the market.

• Friday, April 24th 2015 - 08:08 UTC

  EU regulators Russia's Gazprom of abusing dominant position; fine could reach 16bn

  

  Russia’s biggest gas utility, Gazprom, was hit with an antitrust case by European Union regulators for “abusing” its dominant position and overcharging customers for gas supplies. The investigation against the Gazprom has been ongoing for two years.