Article 76V4K Google Loses Final Appeal Over $4.7 Billion EU Android Antitrust Fine

Google Loses Final Appeal Over $4.7 Billion EU Android Antitrust Fine

by
mrpg
from SoylentNews on (#76V4K)

Arthur T Knackerbracket writes:

https://www.engadget.com/2206550/google-loses-final-appeal-over-eu-antitrust-fine/

Europe's highest court of appeal has upheld a record-setting 4.1 billion ($4.67 billion) fine imposed on Google back in 2018 for antitrust violations around its Android operating system. "The appeal brought by Google and its parent company Alphabet against the judgment of the General Court is dismissed," the Court of Justice of the European Union wrote in a press release, adding that it has confirmed the financial penalty imposed for Google Search's abuse of its dominant position.

In 2016, the EU Commission charged Google with forcing mobile network operators to install Chrome, search and other Google apps as the default or exclusive search service on most devices sold in Europe. With a market share of over 80 percent in many countries, that effectively locked others out of the search market, creating a near-monopoly for the search giant.

Original Submission

Read more of this story at SoylentNews.

External Content
Source RSS or Atom Feed
Feed Location https://soylentnews.org/index.rss
Feed Title SoylentNews
Feed Link https://soylentnews.org/
Feed Copyright Copyright 2014, SoylentNews
Reply 0 comments