Google experienced a setback after losing court challenge against EU
Alphabet unit Google suffered a loss on Wednesday when Europe’s second-highest court dismissed its challenge to an EU antitrust ruling and a 2.42 billion euro ($2.8 billion) penalty, a huge victory for EU competition chief Margrethe Vestager. In 2017, Vestager sanctioned the world’s most popular internet search engine for favoring its own price-comparison shopping service, giving it an unfair edge over smaller European rivals. The shopping case was the first of three decisions that have resulted in a total of 8.25 billion euros in EU antitrust fines for Google over…