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Jan. 20, 2022, 3:43 p.m. EST

Google appeals $2.7 billion EU antitrust fine

Google parent Alphabet Inc. on Thursday said it filed a final appeal of a $2.7 billion European Union antitrust fine to the EU's Court of Justice, its highest court. The latest appeal to overturn a 2017 fine linked to its shopping-ads service contends the General Court pushed beyond EU legal precedents and revised the reasoning of the underlying EU antitrust decision. "We feel there are areas that require legal clarification from the European Court of Justice," a Google spokeswoman said.

Link to MarketWatch's Slice.