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Google Fined Heavily by the EU

Google suffered a major blow on the 27 June when after the European Commission’s Competition Department fined the search giant a record $2.7 billion for unfairly favoring some of its own services over those of rivals. The anti-competition case has been pending for some time. In addition, the EU is threatening Apple with a $14bn fine for tax evasion (using the Republic of Ireland’s very generous tax regime to avoid paying EU taxes); Amazon, Uber and Airbnb are also under investigation for tax issues, while Facebook is being investigated for anti-competitive activities