Google may soon be hit with a record fine by the European Commission, as it seeks to punish Google and discourage other tech giants from taking advantage of their dominant market position. The Telegraph reports that the commission is currently planning to issue a 3 billion euro fine (about $3.39 billion USD) after finding that Google abused its search monopoly. Its highest fine to date is 1.1 billion euros, in 2009.
The specific issue at hand is that Google is said to have illegally promoted its own shopping results over those of competitors. Google has denied wrongdoing, and The Telegraph points out that it could choose to fight the fine. Intel did just that, delaying the fine until a final decision was made in 2014.
via The Verge
