Google appeals $2.9 billion antitrust fine from EU

Ellington Financial book value stable in August

Google launched an appeal against 2.4-billion fine imposed by European anti-trust authorities which imposed a fine on the tech giant accusing it of favouring its online shopping centres in search results.

The Commission is reviewing its Google Shopping decision in light of the ECJ's Intel ruling, according to Reuters.

A court battle between Brussels and Google could take years to resolve and adds to an increasingly bitter row between the U.S. giant and European countries. "It is less than a week since we got the letter so we have to go a bit more in depth before we can say anything", Vestager told AFP, months after slapping Google with the fine over the issue.

US Open: Nadal defeats Del Potro to qualify for final
Anderson reached his maiden final at the majors by beating 12th-seeded Pablo Carreno Busta of Spain 4-6, 7-5, 6- 3, 6-4. After his marvelous performance in the semi-finals, the star player said , "It's a very emotional year for me".

If it did not, the Commission said, it faced penalty payments of up to 5 per cent of the average daily worldwide turnover of Alphabet, which is Google's parent company.

Brussels accused Google of giving its own service too much priority in search results to the detriment of other price comparison services, such as TripAdvisor and Expedia.

Last week, the EU's highest court backed Intel Corp.'s appeal of a €1.06 billion antitrust fine from 2009, seen as dealing a blow to the antitrust regulator.

9 coaches go off track in 2 derailments in UP, Delhi;1 injured
Earlier in the day, seven coaches of Howrah-Jabalpur Shaktipunj Express skid off the railway track near Sonbhadra, Uttar Pradesh. On August 19, the Utkal Express had derailed in the Muzaffarnagar district, killing 22 people and injuring 156.

Lobby group FairSearch, whose members include Google rivals such as British shopping comparison site Foundem and U.S.travel site TripAdvisor, said the European Union decision was sound.

Google has already submitted a rough draft to regulators over changes it must make by September 28 to avoid further fines, which should include giving equal treatment to rivals.

India signs 8 MoUs with Myanmar
India and Myanmar have agreed that terrorism remains one of the major threats to peace and stability in the region. The Prime Minister also said that future Indian projects would be in line with Myanmar's needs and priorities.

Related news:

Hot News

isis-killer-beheading-video-story-top Hingis and Chan Claim US Open Doubles Title
Sep 11, 2017 - 00:17
The victory took Hingis' Grand Slam title haul to 24, with five in the singles, 12 in the doubles and seven in the mixed doubles. Murray agreed, saying that "we played a great tiebreak". "It's been a lot of fun for me", Murray said.

isis-killer-beheading-video-story-top South Koreans brace for possible test on North Korea's public holiday
Sep 11, 2017 - 00:15
Moscow agreed to join in US -proposed sanctions against North Korea in August, but Putin now sees those sanctions as "useless". Moon may well be quietly admiring of Putin for saying things upfront about North Korea which he is unable to do himself.

isis-killer-beheading-video-story-top Irma Knocks Out Power to More Than 1.6 Million Customers in Florida
Sep 11, 2017 - 00:14
Florida Power & Light Company said that almost 1.1 million customers statewide were without power Sunday morning. Rick Scott says at least 76,000 people are without power as Irma unleashes winds and rain on the state.

isis-killer-beheading-video-story-top Dennis Rodman talks of skiing friendship with Kim Jong Un
Sep 10, 2017 - 02:14
The UN Security Council barred North Korea from exporting coal, iron, lead and seafood, along with other restrictions. North Korean ally China and neighboring Russian Federation hold veto power on the Security Council.

isis-killer-beheading-video-story-top Staffer told police that Joe Paterno noted 'second complaint' against Jerry Sandusky
Sep 10, 2017 - 02:12
Sandusky was sentenced in October 2012 to 30 to 60 years in prison, essentially a life sentence for the 73-year-old. However, the police report was not written until after Sandusky was arrested in 2011, according to CNN.

isis-killer-beheading-video-story-top Hurricane Katia strengthens to Category 3
Sep 10, 2017 - 02:12
Katia transitioned from a tropical storm to a hurricane on Wednesday afternoon, and was a Category 2 hurricane as of 4 p.m. The quake, the strongest to strike the country in more than 80 years, killed at least 61 people.

isis-killer-beheading-video-story-top Facebook says Russian accounts bought United States political ads
Sep 08, 2017 - 00:38
There have been claims that there was indeed a collusion between Moscow and the heated up campaign of President Donald Trump. Facebook has turned over the data to special counsel Robert Mueller, who is now running the investigation on the hacking.

isis-killer-beheading-video-story-top NIA carries out raids in Srinagar, Jammu; Yasin Malik detained
Sep 08, 2017 - 00:38
Apart from Yasin Malik and Umar Farooq, another separatist leader Syed Ali Shah Geelani has also been confined to his home.

isis-killer-beheading-video-story-top Sound Off: Can Oklahoma revenge last season's Ohio State loss?
Sep 08, 2017 - 00:37
Ohio State is plenty capable of moving the football but to outscore the Sooners by a touchdown in this game is very debatable. Join the Rainmaker and myself for our 5th addition of our NCAA College Football Throwdown Podcast on September 7th.

isis-killer-beheading-video-story-top Huawei Honor 9 is expected to be launched in mid of September
Sep 08, 2017 - 00:35
The Honor V9 Play goes on sale from September 12th in China while Honor 6 Play goes on sale from today itself. Processor & Android of Honor 6 Play - The phone is powered by a quad-core MediaTek MT6737T SoC processor.

isis-killer-beheading-video-story-top Republican leaders annoyed' over Ivanka visit during meeting
Sep 07, 2017 - 01:27
Ben Sasse, a Nebraska Republican and consistent Trump critic, issued a one line statement: "The Pelosi-Schumer-Trump deal is bad". Congress must raise the debt ceiling by the end of September to prevent the government from defaulting on its obligations.

isis-killer-beheading-video-story-top Alabama still No. 1; Florida State drops seven spots
Sep 07, 2017 - 01:27
MI is ranked No. 8 in each poll, up three spots from last week in the AP Poll and up one spot from last week in the Coaches Poll . Elsewhere, the No. 23 Texas Longhorns suffered a shocking loss to the Maryland Terrapins in the first game of the Tom Herman era.

isis-killer-beheading-video-story-top Xiaomi Mi MIX 2 Has Entered Mass Production
Sep 05, 2017 - 19:38
Since it's Samsung , Mi 7 might end up sporting a bezel-less front panel and a taller-than-usual aspect ratio, possibly 16:9. With the recent news arrived via Weibo , Xiaomi Mi Mix 2 has been teased with a full-screen display of 2.0.

isis-killer-beheading-video-story-top Florida State QB Francois out for season
Sep 05, 2017 - 19:31
Hurts answered those doubters in the second quarter when he hit receiver Calvin Ridley in stride for a 53-yard touchdown pass. The Seminoles, meanwhile, will host Louisiana-Monroe hoping that their young quarterback will be available.

isis-killer-beheading-video-story-top LPGA star to donate entire event earnings to Hurricane Harvey relief
Sep 04, 2017 - 11:27
Lewis has come close to victory any number of times since that 2014 win in Arkansas, achingly close 12 times, to be precise. Everybody talks about it. "I hit a really good chip", Lewis said. "You have to get a lot of things right, to go your way".