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September 10, 2024

Google and Apple Lose EU Appeals as Google's Second U.S. Antitrust Lawsuit Opens
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In tech news, Google and Apple are facing billions of dollars in fines
after losing their respective appeals against the European Union. The
European Court of Justice ruled Apple must pay 13 billion euros in back
taxes to Ireland in a legal case that spanned 10 years as it went
through the appeals process.

Separately, Google must pay a 2.4 billion euro fine for favoring its own
price-comparison shopping service over its rivals. This comes as
Google's second major antitrust suit brought by President Biden's
Justice Department kicked off Monday. At issue is Google's monopoly over
the digital advertising industry. Last month, a federal judge ruled
Google operated an illegal monopoly in the online search industry.


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