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Home > Country profiles > European Union > Articles > Article detail

SMEs to gain from new EU regulation

Sunday, 13th August 2018

"Brussels wants to enforce rules designed to control the dominance of a few online giants, but Europe’s in this area is poor and we may have to wait for US authorities to act, says John Whelan.

Almost a year after the European Commission fined Google €2.42bn for abusing its dominance as a search engine by giving an illegal advantage to Google’s own comparison shopping service, the commission slammed the company with an even bigger fine of €4.3bn for abusing its dominant position in the market with its Android operating system.

Neither of these fines, the latter the largest ever imposed on a single company, have had any impact on the Google share price, which last week hit an all-time peak, or on its global expansion."

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Language: English

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