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Will Google's market share in the online search advertising market increase by the end of 2024?
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Resolution / Starting Odds
Yes • 50%
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Story
Alphabet Unit Google Wins General Court Challenge Against €1.49 Billion EU Antitrust Fine Imposed Five Years Ago
Sep 18, 2024, 11:28 AM
Alphabet unit Google has won a significant legal victory in the European Union, successfully overturning a €1.49 billion ($1.7 billion) antitrust fine imposed by the European Commission five years ago. The fine was related to Google's practices in online search advertising, where it was accused of hindering competitors. The EU's General Court ruled that the European Commission had made errors in its investigation, leading to the annulment of the fine. This decision comes as Google continues to face other legal challenges globally, including a $9.3 billion lawsuit in the UK over search dominance.
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