The European Union fined Google parent company Alphabet $2.7 billion (€2.42 billion) for manipulating search results in favor of its own shopping service — its biggest antitrust settlement ever.
Google’s $2 billion antitrust fine is the biggest yet from the European Union
So big.
Rani Molla was a senior correspondent at Vox and has been focusing her reporting on the future of work. She has covered business and technology for more than a decade — often in charts — including at Bloomberg and the Wall Street Journal.
How big? Well, it’s more than twice as big as the next biggest fine against Intel in 2009. Google, one of the world’s most valuable companies, posted $5.4 billion in profit on $24.7 billion in revenue in the first quarter of this year.
This article originally appeared on Recode.net.
