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Apple loses fight against 13 billion euro eu tax order to Ireland

2 weeks ago

Less than a minute

2024.09.10 03:51

© Reuters. FILE PHOTO: An Apple logo is seen at the entrance of an Apple Store in downtown Brussels, Belgium March 10, 2016. REUTERS/Yves Herman/File Photo

BRUSSELS (Reuters) – Europe’s top court on Tuesday upheld a 2.42 billion euro EU antitrust fine imposed on Alphabet (NASDAQ:)’s Google seven years ago for using its own price comparison shopping service to gain an unfair advantage over smaller European rivals.

The fine is one of three penalties levied by the European Commission against Google in the last decade for various antitrust infringements that have cost the company 8.25 billion euros in total in the last decade.

2 weeks ago

Less than a minute

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