Post by account_disabled on Feb 22, 2024 3:24:41 GMT -5
The internet giant is fined 2,424 million euros for abusing its dominant position to favor its price comparator: Google Shopping. “The fine is calculated based on the value of the income that Google obtained from its price comparison services in 13 European countries,” the commission said. In most European countries the search engine has a market share of over 90%. This fine imposed by the European Commission is considered a record fine. Since the largest previous European fine, which was also for abuse of position, amounted to 1,060 million euros and was imposed in 2009 on the American microprocessor manufacturer Intel. This is a fine that closes a seven-year process that began when the American groups Microsoft and TripAdvisor denounced their rival Google before Brussels. "What Google has done is illegal under EU competition laws, it has prevented other companies from competing on their merits and innovating," said Competition Commissioner Margrethe Vestager.
Above all, it prevents European consumers from benefiting from the real possibility of choosing services and taking full advantage of innovation.” Given this, Google expressed its disagreement with the fine and said it was considering filing an appeal. “We respectfully disagree with the conclusions announced today. "We will study the Iceland Mobile Number List Commission's decision in detail and consider appealing." The Commission asked Google to put an end to this practice within 90 days under threat of new fines of up to 5% of the average daily turnover worldwide of Alphabet, Google's parent company. It is worth mentioning that a few months ago, the European Commission fined another American giant, Apple, for having benefited from illegal tax advantages in Ireland and ordered it to return more than 13 billion euros to Dublin.
The senator proposed that electronics businessmen finance and take charge of the comprehensive management of this waste, including treatment, recovery and recycling, in addition to guaranteeing its final collection. What is electronic waste? Electrical and electronic devices are classified into five large groups: 1) temperature regulation equipment, 2) screens, 3) large equipment, 4) small equipment and 5) telecommunications and computing equipment. Electronic waste contains heavy metals such as: Lead, Cadmium, Mercury, Chromium, Arsenic, Nickel, Copper, Zinc and Cobalt. In addition to Persistent Organic Pollutants, for example, Polychlorinated Biphenyls, Polyvinyl Chloride, Polycyclic Aromatic Hydrocarbons and Polybromo diphenyl ethers, among others.
Above all, it prevents European consumers from benefiting from the real possibility of choosing services and taking full advantage of innovation.” Given this, Google expressed its disagreement with the fine and said it was considering filing an appeal. “We respectfully disagree with the conclusions announced today. "We will study the Iceland Mobile Number List Commission's decision in detail and consider appealing." The Commission asked Google to put an end to this practice within 90 days under threat of new fines of up to 5% of the average daily turnover worldwide of Alphabet, Google's parent company. It is worth mentioning that a few months ago, the European Commission fined another American giant, Apple, for having benefited from illegal tax advantages in Ireland and ordered it to return more than 13 billion euros to Dublin.
The senator proposed that electronics businessmen finance and take charge of the comprehensive management of this waste, including treatment, recovery and recycling, in addition to guaranteeing its final collection. What is electronic waste? Electrical and electronic devices are classified into five large groups: 1) temperature regulation equipment, 2) screens, 3) large equipment, 4) small equipment and 5) telecommunications and computing equipment. Electronic waste contains heavy metals such as: Lead, Cadmium, Mercury, Chromium, Arsenic, Nickel, Copper, Zinc and Cobalt. In addition to Persistent Organic Pollutants, for example, Polychlorinated Biphenyls, Polyvinyl Chloride, Polycyclic Aromatic Hydrocarbons and Polybromo diphenyl ethers, among others.