The EU’s biggest fines on tech companies


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Google fined $5B for antitrust breach in Europe

Europe has a protracted historical past of placing Massive Tech underneath a microscope.

The newest instance got here Wednesday, when the European Fee imposed a report €four.34 billion ($5 billion) positive on Google for abusing the dominant market place of its Android smartphone working system.

The European Union has emerged as a tech battleground as a result of it has developed and utilized powerful guidelines on knowledge safety, hate speech, taxation and competitors points.

“If you find yourself a dominant firm in Europe, you might be subjected to extra scrutiny and accountability,” mentioned Nicolas Petit, a professor on the College of Liege and visiting fellow at Stanford’s Hoover Establishment.

Listed below are a few of the greatest flash factors.

March, 2004 Microsoft (MSFT) is fined €497 million ($578 million) by the Fee for breaking antitrust legal guidelines by forcing its Home windows Media Participant on Home windows customers. The corporate is ordered to cease the observe.

July, 2006 Microsoft fined €280.5 million ($326 million) for not complying with the 2004 choice.

February, 2008 Microsoft fined an extra €899 million ($1 billion) for not complying with the 2004 choice. The positive was later decreased to €860 million.

December, 2009 Microsoft is ordered by the Fee to permit Home windows customers and pc producers to show off Web Explorer and use different browsers.

Associated: Europe has fined Google $5 billion. However that will not damage it

Might, 2009 Intel (INTC) is fined €1.06 billion ($1.2 billion) for abusing its dominant place by paying pc makers to delay and even cancel releases of merchandise that comprise chips made by rival AMD.

December, 2012 The Fee fines Philips (PHG), LG Electronics, Panasonic (PCRFF) and different firms a complete of €1.47 billion ($1.7 billion) for working two cartels.

March, 2013 Microsoft is fined €561 million ($653 million) for not complying with the 2009 Web Explorer ruling.

Might, 2014 — Europe’s prime court docket guidelines that folks have the appropriate to be forgotten and search engines like google and yahoo like Google should take away sure undesirable hyperlinks.

August, 2016 — The Fee orders Eire to get better as much as €13 billion ($14.6 billion) in unpaid taxes from Apple (AAPL).

Might, 2017 — Fb (FB) is fined €110 million ($122 million) for deceptive European officers about its takeover of messaging service WhatsApp.

June, 2017 — Google (GOOGL) is fined a report €2.four billion ($2.7 billion) for utilizing its search engine to steer web customers in direction of its personal buying platform.

Associated: Will the US regulate Fb? Europe is doing simply that

October, 2017 — The Fee orders Amazon (AMZN) pay unpaid taxes of €250 million ($293 million) after discovering that it benefited from an unlawful association with Luxembourg.

January, 2018 The Fee fines Qualcomm (QCOM) €997 million ($1.2 billion) for paying billions to Apple to not use chips made by opponents.

March, 2018 Europe tells tech firms together with Google, Fb and Twitter (TWTR) to take down terrorist content material inside an hour of it being flagged or face new laws and fines.

April, 2018 — The Fee says its investigating Apple’s acquisition of music recognition app Shazam.

Might, 2018 — Europe’s new knowledge safety legislation, the Common Information Safety Regulation, comes into impact, organising new strict guidelines for a way firms deal with private knowledge.

July, 2018 — Google is hit with a brand new report €four.34 billion ($5 billion) positive over Android.

CNNMoney (London) First revealed July 18, 2018: 12:13 PM ET

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