At a glance
Google lost its appeal and must pay a record €4.7 billion antitrust fine to the European Union for illegal market practices.
Google lost its appeal and must now pay a record €4.7 billion antitrust fine to the European Union for illegal market practices. The fine is final—Google exhausted its appeals process. The EU's antitrust regulators determined that Google engaged in practices that violated EU competition law and the company failed to convince courts otherwise.
This is the EU's largest antitrust fine ever against a tech company. It signals that EU regulators view Google's market practices as serious enough to warrant the maximum available penalty. The fine is large enough to matter financially, but what's more significant is that it closed off Google's legal options—the company can't appeal further.
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