Skip to content
BusinessLegalMedia

What Is Behind The EU's $4.7 Billion Fine On Google

The case marks the conclusion of the European Union's long-running competition battle against Google.

Photo by Pawel Czerwinski / Unsplash

Europe's highest court has rejected Google's final appeal against a €4.1 billion ($4.7 billion) antitrust penalty, ending the company's legal challenge over its Android business practices, reported by CNBC.

💡
According to the European Court of Justice (ECJ), Google and its parent company Alphabet engaged in anti-competitive conduct by using Android's market dominance to favor Google's own applications through pre-installation agreements with smartphone manufacturers.

The ruling confirms a lower court's decision that had reduced the original fine imposed by the European Commission in 2018.

Google said Android promotes consumer choice and supports businesses across Europe. The company also noted that it modified its agreements after the Commission's original decision and remains focused on innovation.

The report said the case marks the conclusion of the European Union's long-running competition battle against Google. Regulators are now increasingly relying on newer laws, including the Digital Markets Act and Digital Services Act, to oversee major technology companies.

Related Tweet:

Also Read:

Report Says OpenAI Weighs 5% Stake For Trump Administration
OpenAI CEO Sam Altman believes the arrangement could allow the public to benefit financially from the rapid growth of AI

Comments

Latest