Google loses appeal against €2.4 billion fine: tech giants might now have to re-think their entire business models

By Renaud Foucart, Senior Lecturer in Economics, Lancaster University Management School, Lancaster University

Google is being fined €2.4 billion (£2.1 billion) for hindering competition in the EU after a 2017 decision has been upheld on appeal by the general court of the European Union. This is a saga dating back over 15 years, in which the European Commission has been accusing the tech giant of using its search results to give preferential treatment to its comparison shopping service over those of competitors.

The fine, of which a share will directly go to…

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