Google's Legal Woes

Google's Legal Woes

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Google is facing at least €12 billion in civil claims from various price comparison websites across the European Union. These claims stem from a 2017 European Commission ruling that fined Google €2.4 billion for abusing its search dominance to favor its own shopping service. Following a recent tribunal confirmation of Google's antitrust violations, plaintiffs no longer need to prove the violation in court, allowing many cases to proceed. This situation could lead to substantial financial liabilities for Google as it navigates these legal challenges.

In addition to the European claims, Google is also embroiled in antitrust litigation in the United States, where a judge recently ruled that the company holds illegal monopolies in online advertising technology. This ruling could pave the way for the U.S. Department of Justice to seek a breakup of Google's ad products. The combination of these legal challenges in both Europe and the U.S. could significantly impact Google's operations, financials, and market position, as it may be forced to divest parts of its business to restore competition.

Why it matters

The mounting legal challenges could reshape Google's business model and financial outlook significantly.

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