The ECJ has confirmed or revised rulings that force Google and Apple to pay 2.4 and over 13 billion euros respectively.
The EU has not imposed any new demands or fines – but now Apple and Google have to accept that they will have to pay the enormous sums. The European Court of Justice confirmed a fine of 2.4 billion euros imposed on Google in 2017. In 2017, the EU Commission concluded that Google must pay a fine of 2.42 billion euros because the company had abused its market power by manipulating search results in favor of its own price comparison service Google Shopping. Last year, the Alphabet subsidiary took legal action against the ruling. But an EU court confirmed the ruling before the ECJ announced that the ruling would be upheld.
#ECJ upholds the fine of €2.4 billion imposed on @Google for abuse of its dominant position by favouring its own comparison shopping service #competition @EU_Commission https://t.co/ATb3CgbPxg
— EU Court of Justice (@EUCourtPress) September 10, 2024
In Apple’s case, even more money is at stake. In 2016, the EU demanded that the tech company pay back taxes amounting to 13 billion euros, plus interest. The EU Commission once declared tax breaks for Apple in Ireland to be illegal, but Apple – together with the Irish state – successfully challenged the decision in court before the Commission appealed. The ECJ recently ruled that Apple does indeed have to pay back taxes plus interest. The money is probably already in a trust account.
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Source: onlinemarketing.de
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