in OTC's Blog
Wed Jun 28, 2017 1:09 pm
• 72 Posts
Since writing my views in March 2017 on whether search engines are rigged, there has been some startling, if not surprising, updates.
The European Commission states that it has been investigating this very fact for the past 7 years and that its findings provide evidence of rigging. Google has been the main source of their investigation as most searches are being done through that medium. The following is an extract from the Report from the EU.
Google Hit With Record-Breaking $2.7B Antitrust Fine From EU
“What Google has done is illegal under EU antitrust rules,” said Vestager. “It denied other companies the chance to compete on the merits and to innovate. And most importantly, it denied European consumers a genuine choice of services and the full benefits of innovation.”
"On the back of the finding that Google is the dominant player in the European search engine market, the EU regulator is further investigating how else the company may have abused its position, specifically in its provision of maps, images and information on local services. The commission’s decision, following a seven-year probe into Google’s dominance in searches and smartphones, suggests the company may need to fundamentally rethink the way it operates. It is also now liable to face civil actions for damages by any person or business affected by its anti-competitive behaviour.
Google has denied the claims and has indicated it may appeal the ruling."
Courtesy of ‘The Guardian’ and ‘Yahoo News’ Wednesday, 28 June 2017