Google’s 2.4 billion euro fine upheld by Europe’s top court in EU antitrust probe

Google’s 2.4 billion euro fine upheld by Europe’s top court in EU antitrust probe


The European Union flag is seen with Google’s logo.

Jaap Arriens | NurPhoto | Getty Images

Europe’s top court on Tuesday upheld a 2.4 billion euro ($2.65 billion) fine imposed on Google for abusing its dominant position by favoring its own shopping comparison service.

The fine stems from an antitrust investigation by the European Commission, the executive arm of the European Union, which concluded in 2017.

The Commission said at the time that Google had favored its own shopping comparison service over those of its rivals.

Google appealed the decision with the General Court, the EU’s second-highest court, which also upheld the fine. Google then brought the case before the European Court of Justice (ECJ), the EU’s top court.

The ECJ on Tuesday dismissed the appeal and upheld the Commission’s fine.

This is a breaking news story. Please check back for more.



Source

Tesla reports 418,227 deliveries for the fourth quarter, down 16%
Technology

Tesla reports 418,227 deliveries for the fourth quarter, down 16%

A Tesla showroom is seen on Dec. 13, 2023 in Austin, Texas. Brandon Bell | Getty Images Tesla posted its fourth-quarter 2025 vehicle production and deliveries report on Friday. Shares climbed about 1% after the numbers were released. Here are the key numbers: Total Q4 deliveries: 418,227 Total Q4 production: 434,358 Total 2025 deliveries: 1.64 million Total 2025 […]

Read More
Buffett hands over the reins, the stock market’s losing streak, airline class wars and more in Morning Squawk
Technology

Buffett hands over the reins, the stock market’s losing streak, airline class wars and more in Morning Squawk

This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Friday and happy 2026! I began my year at the movie theater watching an Amanda Seyfried-led movie-musical (“The Testament of Ann Lee,” not “Mamma Mia!”). Stock futures are up this morning. The market is on a four-day losing streak. Here are […]

Read More
Bernie Sanders and Ron DeSantis speak out against data center boom. It’s a bad sign for AI industry
Technology

Bernie Sanders and Ron DeSantis speak out against data center boom. It’s a bad sign for AI industry

Democratic Socialist Sen. Bernie Sanders and right-wing Gov. Ron DeSantis agree on virtually nothing. But they found common ground this year as leading skeptics of the artificial intelligence industry’s data center boom. The alignment of two national figures on the left and right signals that a political reckoning is brewing over the AI industry’s impact […]

Read More