- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
The European Commission has fined Google €4.34 billion (U.S. $5.05 billion) for breaching EU antitrust rules.
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Attorneys for Google, seeking to overturn $9 billion in EU antitrust fines, argued in a European court Wednesday that the tech giant should not be forced to prop up its competitors in the course of promoting facets of its own business.
A March data breach, kept under wraps until now, could spell regulatory trouble for Google and its tech brethren.
Three months after a U.S. district judge declared Google to be running a monopoly, the Department of Justice recommended the tech giant be forced to sell off its popular Chrome browser as part of an effort to resolve antitrust concerns and reshape the power of tech’s biggest companies.
