Live Updates

Business

Judge Reverses $105 Million Trade Secrets Verdict Against Ford

May 01,2023 NYCourier - avatar NYCourier

On Monday, a federal judge in Detroit overturned a jury verdict that ordered Ford Motor Co. to pay Versata Software In...

Treasury Releases Information on Corporate Alternative Minimum Tax

Feb 19,2023 NYCourier - avatar NYCourier

Today the U.S. Department of the Treasury and the Internal Revenue Service (IRS) released information on the Corporate...

El Real Madrid vuelve a entrenar

May 11,2020 NYCourier - avatar NYCourier

  Los jugadores del Real Madrid volvieron este lunes al trabajo tras pasar la pasada semana las pruebas de detección ...

Guatemala civil war film vies for Belgian 'Oscar'

Feb 01,2020 NYCourier - avatar NYCourier

In Belgium's version of the Oscars this weekend, a film about Guatemala's civil war is an unusual nominee -- telling a...

Virtual Facebook currency faces real-world resistance

Jun 21,2019 NYCourier - avatar NYCourier

If Facebook's new cryptocurrency should resonate anywhere it should be India, where the social media giant has more th...

UK opposition calls for election or second referendum on Brexit deal

May 30,2019 NYCourier - avatar NYCourier

The leader of Britain's main opposition Labour party Jeremy Corbyn -- criticised for failing to take a clear position ...

The Silicon Valley juggernaut is appealing a 2.4 billion euro ($2.6 billion) fine from 2017 that was the first in a series of major penalties from the European Commission, the EU's powerful anti-trust regulator.

Google has paid the fine and changed its behaviour, but the company will strongly condemn the decision in the EU's General Court as ill-founded and unfair.

"We're appealing the European Commission's 2017 Google Shopping decision because it is wrong on the law, the facts, and the economics," the company said in an email.

"Shopping ads have always helped people find the products they are looking for quickly and easily, and helped merchants to reach potential customers," it added.

The case opens what will certainly be a long season of court dates for Google and the EU, with two other fine decisions also under appeal at the Luxembourg-based court.

The EU and Google have been locked in battle since 2010 when the commission first looked into accusations that the search engine was squeezing rivals from results in order to promote ads and Google Shopping, a price comparison service.

For several years Brussels and the US giant sought a negotiated settlement, but the EU abruptly reversed course in 2014 after the intervention of member states and the arrival of Margrethe Vestager who took over as EU competition chief.

Vestager, a former Danish finance minister, quickly became known for her relentless pursuit of US tech giants that drew attention worldwide.

She has since racked up a total of $9 billion in fines against Google and has slapped Apple with a 13 billion euro tax bill that boss Tim Cook dismissed as "political crap".

The appeal hearing is to last three days with a decision not expected for a year. The case can then go to the EU's highest court, the European Court of Justice.

The EU's case mirrors similar litigation against Microsoft, a legal labyrinth that ran throughout most of the 1990s and early 2000s and saw the company fined about 1.4 billion euros.

Google is expected to plead that the commission has wrongly applied arguments used successfully against Microsoft and that the company has the right to give advantage to its own services.

The company will also underline that the EU case erroneously failed to account for the spectacular rise of Amazon and eBay in its assessment of Google Shopping.

- 'A few crumbs' -

The EU commission will give testimony alongside complainants who accuse Google of having smothered their business.

"Our traffic decreased considerably, which created a vicious circle with merchants who no longer saw us as an alternative to Google Shopping," said Laurent Godfroid, a lawyer for Twenga, a rival to Google Shopping.

He said Google "left only a few crumbs" to its rivals.

Players in other sectors are following the case closely, and hoping that Vestager swoops in on other features such as maps, travel and job ads where Google has yet to face push back from regulators.

More than 30 travel firms -- including TripAdvisor and Expedia -- wrote to Vestager on Monday complaining that Google was unfairly trying to enter the vacation rental ad business.

The EU has already said it was looking into Google's similar push into job ads.afp

Latest News

  • 1
  • 2
  • 3

Life

Life

EU seeks better coordination to tackle coronavirus

Feb 13,2020

European Union nations will on Thursday (Feb 13) discuss ways to increase cooperation in a bid to tackle...

Read more

Education

Returning Clijsters targets Dubai for eagerly-awaited comeback

Feb 10,2020 NYCourier - avatar NYCourier

Four-time Grand Slam winner Kim Clijsters announced Sunday she will return after seven years in retirement at the WTA ...

La Liga chief concerned reforms will hasten growing financial gulf

Jan 21,2020 NYCourier - avatar NYCourier

La Liga president Javier Tebas has warned Europe's top clubs of the destabilising effect seeking further riches throug...

Wilmots resigns as Iran coach

Dec 06,2019 NYCourier - avatar NYCourier

Belgian Marc Wilmots announced he was leaving his position as coach of Iran after six matches in charge which included...

Bucharest set for Euro 2020 draw as tournament enters new territory

Nov 30,2019 NYCourier - avatar NYCourier

Bucharest hosts the draw for Euro 2020 on Saturday with the fates of World Cup holders France and reigning European ch...

Juventus seek 300m euros boost to keep up with European rivals

Oct 25,2019 NYCourier - avatar NYCourier

Juventus president Andrea Agnelli on Thursday asked the club’s shareholders to approve a 300 million euro ($333 mill...

Tour de France star Groenwegen sticking with Jumbo

Oct 22,2019 NYCourier - avatar NYCourier

Sprinter Dylan Groenewegen has extended his stay with up-and-coming Dutch cycling team Jumbo-Visma intil 2023, the rid...