EU may fine Google $1.2 billion over anti-competitive practices: Reports
The European Union is reportedly fining Google a record $1.2 billion this week over the internet giant’s anti-competitive practices.
Multiple reports on Monday said the EU was planning to hand down the record fine as soon as Tuesday.
Brussels’ regulatory arm, the European Commission, has declined to comment on the reports.
“We continue to engage constructively with the European Commission and we believe strongly that our innovations in online shopping have been good for shoppers, retailers and competition," a Google spokesperson said in a statement.
The reports followed a years-long battle with the EU accusing Google of favoring its own shopping services over those of competitors in its search results.
Several investigations have been launched into the matter, with a focus on Google’s Android operating system as well.
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The US Federal Trade Commission concluded in 2013 that Google had not violated antitrust law in its search practices, putting an end to a similar case in the United States.
In 2009, US chipmaker Intel was fined 1.06 billion Euros, marking the highest fine so far.
An Alphabet unit, the world's most popular internet search engine is now facing a bigger sum after a seven-year-long investigation.
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