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The story behind the story

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EU's General Court upholds a €2.42B fine against Google, levied in 2017, for abusing search engine dominance by promoting its own shopping service

Silvia Amaro / CNBC :

CNBC Silvia Amaro

Discussion

  • @lewis_crofts Lewis Crofts on x
    I've slept on it. Here's a ‘tepid-take’ (HT @DrMJCole) on Google ruling. - politically: huge for @vestager - practically: won't change much becoz #DMA is new kid in town, - legally: EU judges' stance on ‘essential facility’ will cause controversy & perhaps an appeal /thread
  • @lewis_crofts Lewis Crofts on x
    Losing this case would have been a horror for the entire policy drive, for cases against @Apple @amazon @Meta & for @vestager reputation. As it is, EC goes into all that strengthened. Court also said Google's “abnormal” conduct can't be explained away as the right to innovate/3
  • @lewis_crofts Lewis Crofts on x
    Google wasn't rolling out new innovations; it was shafting rivals, the court ruled. That helps EC argue it is on the side of innovation, not against it. 2nd, practically: Google has remedy in place & EC is showing little appetite to revisit it. But many want that to happen! /4
  • @lewis_crofts Lewis Crofts on x
    1st, politically: Court approval for @EU_Competition mantra of ‘self-preferencing’ is huge; this concept underpins the last decade of action & rhetoric from Brussels, and now the whole world. Court blessing for that will be read as: 'keep going, you're on the right track.' /2
  • @berlaymonster @berlaymonster on x
    This just in from Google HQ: “FINE. TRY USING BING. THEN YOU'LL BE SORRY” https://twitter.com/...
  • @tom___scott Tom Scott on x
    Big news. EU laws have real teeth to stop internet giants abusing their power. UK law needs to have them too. https://twitter.com/...
  • @gchampeau Guillaume Champeau on x
    Excellent news and congratulations @vestager and the Commission for this important decision! It's a key victory against abuses of dominant positions. Too bad it's a win celebrated on the graveyard of the victims of Google's practices, but it confirms we need interim measures! htt…
  • @protonmail @protonmail on x
    The EU is holding anti-competitive behavior accountable and we're here for it 👏 https://www.cnbc.com/...
  • @matthewstoller Matt Stoller on x
    Wow a major victory for European antitrust enforcers if this were 2009. https://twitter.com/...
  • @jason_kint Jason Kint on x
    Again, taking the enforcement action to final court decision is a really big deal. Market should recognize it has ramifications for all self-preferencing by Google's search monopoly. And the timeline and market harms prove out why DMA is so critical. https://www.politico.eu/...
  • @rustybrick Barry Schwartz on x
    Well this is big but not surprising. https://twitter.com/...