Coughing Up Billions: The Pricey Ride of Google's Fine Spree Since 2017
Portfolio Pulse from Rounak Jain
Google has been fined over $10.63 billion since 2017 by regulators and courts around the world for various violations, including antitrust and anti-competition norms, patent, and privacy violations. Nearly 90% of these fines were imposed by European Union regulators, with the largest fines being $2.7 billion in 2017, $5.1 billion in 2018, and $1.7 billion in 2019.

June 23, 2023 | 2:09 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Google has been fined over $10.63 billion since 2017 for various violations. The largest fines were imposed by EU regulators, with the biggest being $2.7 billion in 2017, $5.1 billion in 2018, and $1.7 billion in 2019.
The fines imposed on Google since 2017 have been significant, with the largest fines being related to antitrust and anti-competition violations. These fines can negatively impact the company's financials and reputation, potentially leading to a decrease in stock price. However, it is worth noting that in some instances, Google's share price did not experience significant declines following the announcement of these fines.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100