9 years ago
Here Is Google's Internal Response to the Imminent EU Charges (Memo)
On Wednesday, the European Union is expected to drop the hammer on Google, charging the company with violating antitrust rules with its search dominance. It’s the tail end of a five-year investigation from the EU’s competition commission, and a prolonged regulatory headache for the search giant. It could be costly too: The EU is reportedly plotting a fine as large as $6.4 billion, roughly a tenth of Google’s annual revenue. The Financial Times first reported the news.
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