Google may end up having to pay European regulators a massive fine of $3.4 billion for allegedly abusing its dominance with search related to shopping.
The news comes in a report from the Telegraph who have discovered that the European Commission intend to fin Google around €3 billion, which would be he EU regulators largest fine to date.
The search giant has argued that they have not abused their search dominance as companies like Amazon and eBay are successful online.
This could be the first of a number of fines that the European regulators impose against the company, they are also looking into their Android OS to see if the company has abused antitrust rules in the way it deals with manufacturers.
The announcement could come sometime next month, as soon as we get some more details about what the EU regulators have planned for the company, we will let you guys know.
Source The Telegraph, Techmeme
Filed Under: Technology News, Top News