Not feeling so lucky, then. A years-long investigation has led the EU to conclude that Google’s searches favor its own price-comparison service, and the company must pay $2.7 billion, along with 5 percent of parent firm Alphabet’s earnings as long as it continues its “anticompetitive” practice.
Some of Google’s American rivals, including Oracle and Yelp, signed on to a letter attempting to refute claims that the EU’s case is driven by anti-American sentiment and backing stiff penalties — likely hoping they’ll pick up some of Google’s business.
