Google has won a court challenge against a 1.49 billion euro European Union antitrust fine imposed five years ago that targeted its online advertising business
FILE - In this April 17, 2007 file photo, exhibitors work on laptop computers in front of an illuminated sign of the Google logo at the industrial fair Hannover Messe in Hanover, Germany. that targeted its online advertising business.
“The General Court annuls the Commission’s decision in its entirety,” the court said in a press release. Regulators had accused Google of inserting exclusivity clauses in its contracts that barred these websites from running similarly placed ads sold by Google’s rivals. The commission said when it issued the penalty that Google's behavior resulted in advertisers and website owners having less choice and likely facing higher prices that would be passed on to consumers.
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