UK Couple Wins $2.5 Billion Antitrust Case Against Google
After a 15-year legal battle, the European Court of Justice upheld a record fine against Google for market abuse involving a UK price comparison site.
- Shivaun and Adam Raff, founders of Foundem, noticed their site's Google rankings plummet shortly after launch in 2006 due to search penalties.
- The European Commission's 2017 investigation found Google guilty of promoting its own services over competitors like Foundem.
- Despite Google's appeals, the European Court of Justice confirmed the €2.4 billion fine, marking a significant regulatory action against Big Tech.
- Foundem, unable to sustain itself amid the legal battle, was forced to close in 2016, though the Raffs continue to seek civil damages.
- The case highlights ongoing scrutiny of Google's market practices, with further investigations under the EU's Digital Markets Act.