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Media Advisory - Google slapped with fine for breaching antitrust rules

Tuesday, June 27, 2017

Queen’s University business expert John-Kurt Pliniussen is available to comment on the European Union’s competition watchdog slapping a record $3.6 billion Canadian find on internet giant Google for breaching antitrust rules with its online shopping service. The company has been given 90 days to stop or face the steep fines.

“Google’s recent fine will amount to about two per cent of its parent company’s (Alphabet) projected revenues for 2017,” says Professor Pliniussen. “In the grand scheme, this is no big deal yet it also signals changes that will have to occur with all major search engines in terms of how they rank their clients versus competitors’ clients. One potential big deal, however, will be how eBay and Amazon will respond especially in Europe in terms of being able to more fairly have their clients’ products and services better ranked. Another potential big deal will be likely legal responses and actions from private litigants seeking damages.”

To arrange an interview, please contact communications officer Anne Craig (613-533-2877 or anne.craig@queensu.ca) at Queen’s University News and Media Services Department in Kingston, Ont., Canada.

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