Doron Goldstein, co-head of the firm's Privacy, Data and Cybersecurity practice, was quoted by Corporate Counsel regarding the $2.7 billion antitrust fine levied against Google, Inc. by European antitrust regulators, citing the company's treatment of shopping results on its search engine. This is the largest fine ever brought by the European Commission.
Speaking to one of the key takeaways for legal departments from this record EU fine, Doron emphasized that it shows that European regulators are willing to investigate large companies and impose large penalties. Another example he mentioned was a similar $122 million fine against Facebook earlier this year. "Regulators are willing to show their teeth," he said. "That's an important lesson. They want to be taken seriously." (Read 3 Big Legal Department Takeaways From Google's Antitrust Penalty)