Get 40% Off
👀 👁 🧿 All eyes on Biogen, up +4,56% after posting earnings. Our AI picked it in March 2024.
Which stocks will surge next?
Unlock AI-picked Stocks

Yelp, Consumer Watchdog lose Google intervention bid

Published 12/18/2018, 05:03 PM
Updated 12/18/2018, 05:03 PM
© Reuters. FILE PHOTO: The Yelp Inc. logo is seen in their offices in Chicago, Illinois

By Foo Yun Chee

BRUSSELS (Reuters) - Search company Yelp and lobby group Consumer Watchdog lost their joint bid to intervene in Google's challenge of a 2.4 billion euro ($2.7 billion) EU antitrust fine after a court said they had no direct interest in the case.

The Luxembourg-based General Court also rejected applications from other Google (NASDAQ:GOOGL) rivals, according to a ruling on its website.

The European Commission penalized Google, the world's most popular internet search engine, last year for favoring its own comparison shopping service.

The case was triggered by British price comparison shopping site Foundem, while other European and U.S. rivals also filed complaints.

U.S.-based Yelp and Consumer Watchdog had jointly sought to join the court proceedings so their rights and interests would be covered by the final ruling in the case.

The General Court, however, backed Google's argument against Yelp's intervention, saying that while it took part as an interested third party in the EU investigation, it runs a different business from Google.

"As Yelp does not operate a search service that specializes in comparison shopping results, it cannot be directly affected by the ruling regarding the contested act and thus does not satisfy the criterion laid down in the case-law," judges said.

Yelp said the fight against Google was far from over.

"It is unfortunate that U.S. consumer voices from this organization will not be included in this particular phase of the comparison shopping case," Yelp public policy senior vice president Luther Lowe said.

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

"But we are ultimately heartened by reports that the Commission has opened an investigation into Google's anti-consumer behavior as it relates to local search."

The court also dismissed lobbying group FairSearch's bid to intervene in the shopping case. Judges said FairSearch had failed to prove it is a representative body.

They also rejected intervention bids from Prestige Gifting, Connexity, Pricegrabber.com Ltd and lobbying group ICOMP.

This is one of two Google challenges against EU antitrust rulings, with the other related to Android.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.