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Market
How will Google's market share in online search advertising in Europe change by September 18, 2025?
2
Resolution / Starting Odds
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Publicly available market reports from research firms like Statista or eMarketer
Story
Google Wins General Court Appeal Against €1.49 Billion EU Antitrust Fine from 2019
Sep 18, 2024, 09:57 AM
Google has successfully overturned a €1.49 billion ($1.7 billion) antitrust fine imposed by the European Union in 2019. The EU's General Court ruled in favor of Google's appeal, citing errors in the European Commission's investigation. The fine was originally levied for Google's alleged abuse of its dominance in the online search advertising market. This decision comes as a significant legal victory for Google amid ongoing antitrust scrutiny in various jurisdictions. Meanwhile, Qualcomm's appeal against a €242 million EU antitrust fine was largely rejected, although the fine was slightly reduced to €238.7 million.
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