NY Post

Google Hit With Record $5 Billion Fine

Jul 18, 2018  •  Post A Comment

Google has been hit with a $5 billion fine that follows a $2.8 billion fine imposed on the company a year ago. The New York Post reports that both fines were imposed by the European Union.

The EU “fined Google a record $5 billion Wednesday for forcing cellphone makers that use the company’s hugely popular Android operating system to install Google apps,” The Post reports. “The EU said the practice restricts competition and reduces choices for consumers.”

The report notes that the fine caps a three-year investigation and is the largest ever imposed on a company by the EU for anticompetitive behavior.

“It is likely to stoke tensions between Europe and the US, which regulates the tech industry with a lighter hand and has complained that the EU is singling out American companies for punishment,” The Post reports, noting that Google said it will appeal.

“The penalty is on top of 2.42 billion euro fine ($2.8 billion) that regulators imposed on Google a year ago for favoring its shopping listings in search results,” The Post adds.

One Comment

  1. I am sorry that you didn’t put in the lame explanation that was used as to why this fine is levied. Because Google “including” their app on Android phones (it is also available in Apple’s app store) is preventing the EU’s start-ups their opportunity to create a major search website. I am sure that their start-ups will have as much luck as Bing.

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