Google Fined Record $2.7 Billion in E.U. Antitrust Ruling<br />By levying the fine against Google — more than double the previous largest penalty in this type of antitrust case — Margrethe Vestager, the European Union’s<br />antitrust chief, also laid claim to being the Western world’s most active regulator of digital services, an industry still dominated by Silicon Valley.<br />“We will review the commission’s decision in detail as we consider an appeal, and we look forward to continuing to make our case.”<br />Despite Google’s denials, the record fine — the previous high, against Intel in 2009, was €1.06 billion — represents a bloody nose for a company<br />that holds a market share of more than 90 percent in online search in Europe.
