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EC plans EUR 3 billion fine against Google - report

2016-05-16 08:45:00| Telecompaper Headlines

(Telecompaper) The European Commission is preparing to fine Google around EUR 3 billion for abusing its dominant position in the search market, the Daily Telegraph reported. Officials in Brussels are putting the finishing touches to a seven-year investigation of the company and are expected to announce the sanctions within weeks, according to the paper's sources. The report said officials aimed to make an announcement before the summer break and could make their move as early as next month. As well facing as a heavy fine, Google will be banned from continuing to manipulate search results to favour itself and harm rivals. 

Tags: report google eur fine

 

Nissan taking 34% stake in Mitsubishi Motors for $2.17 billion; expanding the Alliance model at a good discount

2016-05-12 16:55:52| Green Car Congress

Tags: good model taking discount

 
 

The Earth is Covered in 5 Billion Tons of Plastic Waste

2016-05-12 14:58:00| Waste Age

An Australian organization has claimed that the amount of plastic wastes on the Earth is enough to cover the entire planet with plastic. read more

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JAB Buys Krispy Kreme For $1.35 Billion

2016-05-10 17:47:00| Food Processing

Krispy Kreme, the baker of hot, glazed doughnuts, is being taken private by JAB Beech in a deal worth about $1.35 billion.

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Air Products, Evonik Announce $3.8 Billion Deal

2016-05-06 17:31:00| Happi Breaking News

Evonik acquires Air Products' PMD division.

Tags: products air deal billion

 

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