27 Jun Google May Face $1.2 Billion Antitrust Fine in Battle with Europe
A $1.2 billion fine against Google is expected to be issued by European Union Officials for breaking tough competition rules in the region.
The hefty penalty raises a more complex problem that many tech giants face: How should Google or other companies comply with the decision to hand over closely-guarded search algorithms and other source codes from regulators and possible competitors?
“The issue they’re facing is, how does the European Commission solve the underlying problem” in Google’s Antitrust abuse, says Christian Bergqvist, an associate professor of competition law at the University of Copenhagen, Denmark.
Google rebuts that it has not done anything illegal while a spokeswoman for the European Commission declined to comment on the possible announcement.
Source: NY Times