Google urges EU top court to back ruling scrapping $1.7 billion antitrust fine

Google asked Europe’s top court to dismiss the EU antitrust regulators’ appeal that sought to reinstate a €1.49 billion ($1.7 billion) fine. The company said the regulators’ arguments were flawed after a lower court ruling scrapped the penalty. Net impact is likely limited but the legal outcome could affect related costs and litigation overhang.

Analysis

Google asked Europe’s top court to dismiss the EU antitrust regulators’ appeal that sought to reinstate a €1.49 billion ($1.7 billion) fine. The company said the regulators’ arguments were flawed after a lower court ruling scrapped the penalty. Net impact is likely limited but the legal outcome could affect related costs and litigation overhang.