Google still a ‘wonderful’ company, says EU’s top antitrust enforcer after $2.7 billion fine

Francois Lenoir | Reuters

European Competition Commissioner Margrethe Vestager holds a news conference at EU Commission headquarters in Brussels, July 14, 2016.

Google is still very much a force for good and has many positive attributes, according to the EU’s competition commissioner who slapped the tech giant with a $2.7 billion fine earlier this year.

“This is a decision about legal behavior that they (Google) should and can correct,” Vestager said about June’s fine for the U.S. firm. However, she added that Google doesn’t have a bad attitude towards competition.

“In other respects, Google is a wonderful company, very, very innovative and they have brought us innovation that has changed our lives,” she told CNBC on the sidelines of the Ambrosetti Forum Saturday.