The news: The European Court of Justice (ECJ) ruled that Google must pay a €2.4 billion ($2.6 billion) fine for abusing its market dominance in the shopping comparison space by making its own shopping recommendation more prominent than rivals’ in search results.

The ruling pertains to a 2017 European Commission (EC) decision that Google later appealed and now lost.
The EC’s decision reinforces mounting regulation over tech giants and could influence how they operate in European markets and alter business strategies on a global scale.

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Google’s €2.4 billion EU antitrust fine could set a precedent for future cases

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