The European political and trade bloc EU has fined the worldwide technology giant Google to the tune of 2.42 billion euros.
The fine, which amounts to 1.2 billion US dollars, was slapped after a 7-year-probe. The investigation was initiated after rivals Microsoft, News Corp, Kelkoo and Foundem complained of abuse by Google.
According to remains to be clear if Kelkoo and Foundem could claim compensation in any form, according to legal experts. Google played with search results for ‘unfair’ dominance over Kelkoo, the localised price comparison site.
“The question for these companies then will be, can you tie that infringement back to whatever harm it is that Kelkoo and Foundem say they’ve suffered?” asked Rona Bar-Isaac, Addleshaw Goddard LLP partner.
“There’s a huge amount of evidence and they’re going to face lots and lots of claims across Europe” Kelkoo CEO Richard Stables warned.