By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Starr FmStarr FmStarr Fm
  • Home
  • Election Hub
  • General
    GeneralShow More
    Minority demands scrapping of GH₵1 fuel levy amid rising prices
    March 18, 2026
    Koforidua High Court grants Freddie Blay GH¢800k bail with two sureties
    March 18, 2026
    A/R: Two scrap dealers lynched in Ntensere over alleged child abduction
    March 18, 2026
    “Resetting Ghana Tour”: Mahama embarks on nationwide tour to assess gov’t projects
    March 18, 2026
    Infrastructure deficit threatens progress at Adiembra SHS despite strong academic record
    March 18, 2026
  • Business
    BusinessShow More
    PURC reduces electricity tariffs by 4.81% and water by 3.06% effective April 1
    March 13, 2026
    GUTA calls for dialogue over Finance Ministry’s land transit restrictions on selected goods
    March 11, 2026
    Ghana Shippers Authority probes alleged emergency surcharge by shipping lines
    March 11, 2026
    TOR Management confirms refinery capacity to refine local Ghanaian crude
    March 10, 2026
    FABAG lauds Ato Forson on land transit ban, urges expansion to protect revenue and local businesses
    March 10, 2026
  • Politics
    PoliticsShow More
    Minority demands scrapping of GH₵1 fuel levy amid rising prices
    March 18, 2026
    Minority condemns forceful closure of NHIA office in Ejisu
    March 17, 2026
    NHIA Ejisu office reopened after protest by NDC supporters
    March 16, 2026
    President Mahama directs Security Agencies to increase recruitment from 20,000 to 40,000 in four years
    March 16, 2026
    Court dismisses Wontumi’s submission of no case, orders him to answer to galamsey on Samreboi concession
    March 16, 2026
  • Entertainment
    EntertainmentShow More
    Britain’s First Black woman MP Diane Abbott honoured as Woman of the Century at Women of Valour 2026
    March 15, 2026
    GHc5M defamation: I’m willing to settle case with Martha Ankomah – Lil Win tells Court
    March 13, 2026
    Sarkodie’s Rapperholic UK show a win for Ghana – Bullgod
    March 11, 2026
    Record Label contracts are “death traps, they take away your freedom” – Queen eShun
    February 28, 2026
    It’s better to manage your own affairs as an artiste than be under a record label – Queen eShun
    February 28, 2026
  • Sports
    SportsShow More
    Vinícius Júnior sends 10-Man Manchester City out of UCL as Real Madrid advance to quarter-finals
    March 18, 2026
    Chelsea humiliated as PSG storm into Champions League quarter-finals with 8-2 aggregate victory
    March 18, 2026
    CAF awards Morocco 2025 AFCON title after appeal; Senegal to challenge decision
    March 18, 2026
    Chelsea fined £10.75m, handed suspended transfer ban for financial breaches
    March 16, 2026
    Aduana, Nations, Dreams and Medeama reach MTN FA Cup semi-finals
    March 16, 2026
  • Technology
    TechnologyShow More
    Samsung unveils all-new Galaxy Buds4 Series with ultimate sound
    March 9, 2026
    Galaxy AI expands multi-agent ecosystem to give users more choice and flexibility
    February 25, 2026
    Samsung set to unveil new Galaxy S Series AI phones
    February 23, 2026
    African AI Governance Index launches first continental intelligence platform
    February 18, 2026
    Sharing, downloading, or monetising content of viral Russian man a crime – Sam George warns
    February 18, 2026
  • International
    InternationalShow More
    Vinícius Júnior sends 10-Man Manchester City out of UCL as Real Madrid advance to quarter-finals
    March 18, 2026
    Chelsea humiliated as PSG storm into Champions League quarter-finals with 8-2 aggregate victory
    March 18, 2026
    Chelsea fined £10.75m, handed suspended transfer ban for financial breaches
    March 16, 2026
    EPL Title Race: Arsenal strengthen title grip as City slip at West Ham
    March 16, 2026
    Top four race heats up as United, Villa, Liverpool and Chelsea battle for Champions League spots
    March 16, 2026
  • Factometer
Search
© 2024 EIB Network Ltd. All Rights Reserved.
Reading: Google hit with record EU fine over Shopping service
Share
Notification Show More
Font ResizerAa
Starr FmStarr Fm
Font ResizerAa
  • Headlines
  • Election Hub
  • General
  • Politics
  • Sports
  • Business
  • Entertainment
  • Factometer
Search
  • Headlines
  • Election Hub
  • General
  • Politics
  • Sports
  • Business
  • Entertainment
  • Factometer
Have an existing account? Sign In
Follow US
© 2024 EIB Network Ltd. All Rights Reserved.
Technology

Google hit with record EU fine over Shopping service

Starrfm.com.gh By Starrfm.com.gh Published June 27, 2017
Share
SHARE

Google has been fined 2.42bn euros ($2.7bn; £2.1bn) by the European Commission after it ruled the company had abused its power by promoting its own shopping comparison service at the top of search results.

The amount is the regulator’s largest penalty to date against a company accused of distorting the market.

The ruling also orders Google to end its anti-competitive practices within 90 days or face a further penalty.

The US firm said it may appeal.

However, if it fails to change the way it operates the Shopping service within the three-month deadline, it could be forced to make payments of 5% of its parent company Alphabet’s average daily worldwide earnings.

Based on the company’s most recent financial report, that amounts to about $14m a day.

The commission said it was leaving it to Google to determine what alterations should be made to its Shopping service rather than specifying a remedy.

“What Google has done is illegal under EU antitrust rules,” declared Margrethe Vestager, the European Union’s Competition Commissioner.

“It has denied other companies the chance to compete on their merits and to innovate, and most importantly it has denied European consumers the benefits of competition, genuine choice and innovation.”

Ms Vestager added that the decision could now set a precedent that determines how she handles related complaints about the prominence Google gives to its own maps, flight price results and local business listings within its search tools.

Google had previously suggested that Amazon and eBay have more influence over the public’s spending habits and has again said it does not accept the claims made against it.

“When you shop online, you want to find the products you’re looking for quickly and easily,” a spokesman said in response to the ruling.

“And advertisers want to promote those same products. That’s why Google shows shopping ads, connecting our users with thousands of advertisers, large and small, in ways that are useful for both.

“We respectfully disagree with the conclusions announced today. We will review the Commission’s decision in detail as we consider an appeal, and we look forward to continuing to make our case.”

Fast growth

Google Shopping displays relevant products’ images and prices alongside the names of shops they are available from and review scores, if available.

The details are labelled as being “sponsored”, reflecting the fact that, unlike normal search results, they only include items that sellers have paid to appear.

On smartphones, the facility typically dominates “above-the-fold” content, meaning users might not see any traditional links unless they scroll down.

Google also benefits from the fact the Shopping service adverts are more visual than its text-based ads.

One recent study suggested Shopping accounts for 74% of all retail-related ads clicked on within Google Search results. However, the BBC understands Google’s own data indicates the true figure is smaller.

Seven-year probe

The European Commission has been investigating Google Shopping since late 2010.

The probe was spurred on by complaints from Microsoft, among others.

The rival tech giant has opted not to comment on the ruling, after the two struck a deal last year to try to avoid such legal battles in the future.

However, one of the other original complainants – the British price comparison service Foundem – welcomed the announcement.

“Although the record-breaking 2.42bn euro fine is likely to dominate the headlines, the prohibition of Google’s immensely harmful search manipulation practices is far more important,” said its chief executive Shivaun Raff.

“For well over a decade, Google’s search engine has played a decisive role in determining what most of us read, use and purchase online. Left unchecked, there are few limits to this gatekeeper power.”

 

You Might Also Like

Samsung unveils all-new Galaxy Buds4 Series with ultimate sound

Galaxy AI expands multi-agent ecosystem to give users more choice and flexibility

Samsung set to unveil new Galaxy S Series AI phones

African AI Governance Index launches first continental intelligence platform

Sharing, downloading, or monetising content of viral Russian man a crime – Sam George warns

TAGGED:google
Share This Article
Facebook Twitter Email Print
Share
Previous Article GCNet hosts Ho Technical University Students
Next Article Data-driven decision making critical to border trade mgt

Starr 103.5FM

Starr FmStarr Fm
Follow US
© 2024 EIB Network Ltd. All Rights Reserved.
newsletter icon
Join Us!

Subscribe to our newsletter and never miss our latest in news, podcasts etc..

[mc4wp_form]
Zero spam, Unsubscribe at any time.
adbanner
AdBlock Detected
Our site is an advertising supported site. Please whitelist to support our site.
Okay, I'll Whitelist
Welcome Back!

Sign in to your account

Lost your password?