The EU's powerful anti-trust regulator will slap Google with a record two billion euro fine as early as Tuesday in another European blow against a US tech giant, sources say.
Led
by hard-charging European Commission competition chief Margrethe
Vestager, the EU will impose a massive penalty against Google that would
break the previous record of 1.06 billion euros set in 2009 against
Intel, the US chipmaker.
More importantly for Google, Brussels will demand that the US tech giant change its business practices to meet the EU's concerns.
Brussels
accuses Google of giving its own online shopping services top priority
in search results to the detriment of other price comparison services.
The decision, expected on Tuesday or
Wednesday, comes a year after Vestager shocked the world and angered the
Obama administration with an order that Apple repay 13 billion euros in
back taxes in Ireland.
Sources close
to the matter said Google's fine would range 1.1 to 2 billion euros.
While an EU record, this is well below the maximum possible of about 8
billion euros or 10 per cent of Google's total revenue last year.
The case is one of three against Google
and of several against blockbuster US companies including Starbucks,
Apple, Amazon and McDonalds.
In the other Google cases, the EU is examining Google's AdSense advertising service and its Android mobile phone software.
If confirmed, the fine would come after a long period in which the two sides tried to settle the case amicably.
The
cases have stoked tensions with Washington and could now face the wrath
of US President Donald Trump, who won office on his 'America First'
slogan.
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