Study says Google market power has grown despite EU order to play fair

U.S. tech giant Alphabet Inc's Google has boosted its market power in the three years since EU antitrust enforcers ordered it to stop favouring its own price comparison shopping service, a study of 25 of its rivals showed on Monday.

Google has boosted its market power in the three years since EU antitrust enforcers ordered it to stop favouring its own price comparison shopping service, a study of 25 of its rivals showed on Monday.

Hit with a 2.4-billion-euro fine three years ago by the European Commission for the offence, Google subsequently offered to allow competitors to bid for advertising space at the top of a search page to channel traffic to their sites. “It has further strengthened Google’s position on the national markets for comparison shopping services and has entrenched its dominance in general search,” said Thomas Hoppner, author of the study and adviser to several Google foes.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Reuters /  🏆 2. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Ireland's data regulator under pressure over ability to police Google - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Read more »

Google to enforce Play store tax on the 3% of apps not payingAlphabet Inc's Google on Monday sought to rebut criticism that it selectively enforces its 30% mobile app store tax, demanding that the over 3% apps selling digital items without complying follow the rules within a year.
Read more »

Swiss reject nationalist plan to limit jobs for EU citizensVoters in Switzerland have strongly defeated a nationalist party’s proposal to limit the number of European Union citizens allowed to live and work in their country.
Read more »

Swiss voters reject proposal to curb immigration from EU: TVSwiss voters rejected by a 63-37% margin a right-wing party's proposal to annul a pact with the European Union allowing the free movement of people, broadcaster SRF projected on Sunday.
Read more »