Image copyright Google Image caption Google Shopping ads appear at the top of many search result pages

Google has been fined 2.42bn euros ($2.7bn; £2.1bn) by the European Commission after it ruled the company had abused its power by promoting its own shopping comparison service at the top of search results. The European Commission, which has for roughly seven years been investigating Google GOOGL, +0.97% GOOG, +0.89% for breaching the bloc’s antitrust rules in various areas, is poised to announce as soon as Tuesday that Google has manipulated search results to favor its own comparison-shopping service. “It has denied other companies the chance to compete on their merits and to innovate, and most importantly it has denied European consumers the benefits of competition, genuine choice and innovation.”

The result of Google’s search practices, according to the EC’s investigation, led Google’s comparison shopping service receiving significant hikes in traffic i the UK, Germany, France and Spain and other major EU nations, while traffic to rival services dropped significantly, essentially allowing Google to create a from of monopoly for itself. Google likely to face record antitrust fine as soon as Tuesday: Report

EU antitrust regulators are likely to impose a record fine on Alphabet unit Google over its shopping service as soon as Tuesday, two people familiar with the matter said on Monday, concluding one of three cases against the company. Those cases include monopoly allegations against Google over its Android operating system and mobile apps and claims that its AdSense advertising placement service prevents third-party websites from sourcing search ads from Google's competitors.
The European Commission imposes a record €2.42bn antitrust fine on internet giant Google for allegedly manipulating its search engine results.