Google Fined $2.7 Billion by EU for Monopolistic Practices
Google faced a hefty $2.7 billion fine from the EU due to its monopolistic behavior, which was upheld by the courts recently. The European Commission penalized Google in 2017 for…
EU Regulations are legislative acts adopted by the European Union (EU) that are binding in their entirety and directly applicable in all member states without the need for national legislation. These regulations are designed to ensure uniformity and consistency in EU law across the member countries. They cover a wide range of areas, including trade, environmental protection, consumer rights, and competition law. Unlike directives, which set out goals for member states to achieve while allowing flexibility in implementation, regulations impose specific obligations and are meant to be followed exactly as set out. As a key component of EU law, regulations help to create a single market, promote fair competition, and protect the rights of EU citizens.
Google faced a hefty $2.7 billion fine from the EU due to its monopolistic behavior, which was upheld by the courts recently. The European Commission penalized Google in 2017 for…