Google faces a €4.3 billion fine from the EU - This is the biggest fine ever to be impose on a single firm


We've heard about the EU competition commission chief's disapproval of Google's practices just last week and now, we are seeing the results. This morning the European Commission had slapped the search giant with a record-breaking €4.3 billion fine. The California-based company was found guilty of using its mobile OS to "cement its dominant position in general internet search."

The EU's ruling gives Google 90 days to change its practice or face even more severe penalties of up to 5% of its average daily revenue. But even if the 90 days change is met, the initial fine is still the largest one imposed on a single firm in the history.

Google's officials immediately responded, saying the company will appeal the EU fine by the Margrethe Vestager's team. They've stated that Android has given customers more freedom, not less. The ecosystem carries all the properties needed for a fair competition - "rapid innovation and lower prices".

This is not the first time Google faces problems in the EU. Previously Ms Vestager accused Google of anti-competitive behavior and demanded that Android should not force OEMs to set Google as their default search engine and pre-install Chrome to have access to Google Play. Also, the company should let mobile manufacturers sell devices based rival operating systems based on Android's open source code and also let them pre-install their own search services and apps.


Source 1 | Source 2
Google faces a €4.3 billion fine from the EU - This is the biggest fine ever to be impose on a single firm Google faces a €4.3 billion fine from the EU - This is the biggest fine ever to be impose on a single firm Reviewed by Benny on July 18, 2018 Rating: 5

No comments:

Powered by Blogger.