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
    First Lady Lordina Mahama honoured by Merck Foundairon for impactful humanitarian programmes
    May 20, 2026
    Mikel Arteta leads Arsenal to 2025/26 Premier League title after 22 years
    May 19, 2026
    Call DCE to order for sidelining Party Executives, failing to attend funerals and weddings – Fanteakwa North NDC
    May 19, 2026
    Pep Guardiola set to leave Man City with Maresca expected to takeover
    May 19, 2026
    NLA warns Lotto Operators against paying commissions above the approved 25% rate
    May 19, 2026
  • Business
    BusinessShow More
    IMF Programme completion does not cancel Ghana’s debt – Dr Philip Takyi
    May 19, 2026
    Zoomlion Kenya begins major transformation of Nairobi waste management system
    May 19, 2026
    APN calls for continent-wide mobile money interoperability following Africa Forward Summit
    May 19, 2026
    Gold Fields Ghana Foundation steps up fight against graduate unemployment
    May 19, 2026
    Intra-African trade hits $220 billion in 2024 as AfCFTA gains momentum – Wamkele Mene
    May 18, 2026
  • Politics
    PoliticsShow More
    First Lady Lordina Mahama honoured by Merck Foundairon for impactful humanitarian programmes
    May 20, 2026
    Call DCE to order for sidelining Party Executives, failing to attend funerals and weddings – Fanteakwa North NDC
    May 19, 2026
    ACEPA demands urgent review of MP immunity laws following Afenyo-Markin’s attack on Circuit Court Judge
    May 19, 2026
    Don’t allow Afenyo-Markin hide behind Parliamentary Immunity to evade contempt, sanction him – Jantuah urges Speaker
    May 19, 2026
    GBA should come hard on Afenyo-Markin over comments about Circuit Court Judge – Lawyer Bernard Shaw
    May 19, 2026
  • Entertainment
    EntertainmentShow More
    Mr. Berry honoured as Drive Time Presenter of the Year at 15th Foklex Media Awards
    May 18, 2026
    Ultimate FM’s MC wins Morning Show Host of the Year at 2026 Foklex Media Awards
    May 18, 2026
    Grammy announces date for 2027 awards nominations
    May 14, 2026
    Asiama’s debut single, first nomination and First TGMA win mark a rare trifecta of firsts
    May 13, 2026
    Rema, Tyla, others to headline FIFA World Cup 2026 Opening Ceremony
    May 13, 2026
  • Sports
    SportsShow More
    Mikel Arteta leads Arsenal to 2025/26 Premier League title after 22 years
    May 19, 2026
    Pep Guardiola set to leave Man City with Maresca expected to takeover
    May 19, 2026
    Team Ghana wins multiple medals on day 3 of African Athletics Championships
    May 15, 2026
    Antoine Semenyo nominated for Premier League Player of the Season after stellar campaign
    May 14, 2026
    GBIMC releases GBA election filing fees amid stakeholder backlash
    May 14, 2026
  • Technology
    TechnologyShow More
    Yahoo Finance spotlights Katon Meet as a strong video conferencing platform
    May 7, 2026
    African-Led ANH-ARC platform launches in Ghana to transform food systems, nutrition and health
    May 2, 2026
    Amardeep Singh Hari named Ghana’s most influential tech entrepreneur of all time
    April 30, 2026
    Yellow Card publishes 2026 report on data protection and AI governance
    April 23, 2026
    Master AI and cybersecurity to fight fake news – Dr Zanetor Rawlings to Ghana’s youth
    April 22, 2026
  • International
    InternationalShow More
    Mikel Arteta leads Arsenal to 2025/26 Premier League title after 22 years
    May 19, 2026
    Pep Guardiola set to leave Man City with Maresca expected to takeover
    May 19, 2026
    Health expenditure must be viewed as investment linked to economic growth – Mahama
    May 18, 2026
    OECD conference: Ghana calls for shift from aid dependency, pushes practical global development partnerships
    May 18, 2026
    Nana Oye Bampoe Addo represents President Mahama at OECD Paris Conference, presents Accra Reset Agenda
    May 18, 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

Yahoo Finance spotlights Katon Meet as a strong video conferencing platform

African-Led ANH-ARC platform launches in Ghana to transform food systems, nutrition and health

Amardeep Singh Hari named Ghana’s most influential tech entrepreneur of all time

Yellow Card publishes 2026 report on data protection and AI governance

Master AI and cybersecurity to fight fake news – Dr Zanetor Rawlings to Ghana’s youth

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?