However, industry analysts warned that Google can't afford to shrug off charges from the EU, with one warning that they could potentially mark the start of Google's decline in Europe – and beyond.
"I think the entire tech industry, particularly those that compete with Google, are watching this with great interest," Patrick Moorhead, principal and principal analyst at Moor Insight and Strategies, told CNBC Wednesday. "Google has already exited China and they're getting into trouble in the EU."
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He called the decision a "really big deal" for the tech industry and warned that Google could become the next Microsoft – another huge tech company accused by the European Commission of abusing its dominant position in the market.
Microsoft was fined $794 million in 2007 – the largest ever fine handed out by the EU at that time - and ordered to divulge certain information about its server products and release a version of Microsoft Windows without Windows Media Player.
Analyst Moorhead said that Microsoft had never really recovered from that decision in Europe, and the same could happen to Google.
"For years, Google's competitors have been looking at it like people used to look at Microsoft twenty years ago before they got into trouble," he added. "Many people saw the trouble that Microsoft got into in Europe as the point which really initiated their declines versus other companies."