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Author Topic: Google Hit with €4.3 Billion Fine for Abusive Practices in Android  (Read 2346 times)

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Offline guruslodge

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A massive €4.3 billion fine was just levied against Google by the European Union for their monopoly-like tactics and for breaching EU antitrust rules.

Google is in a dominant position, and nobody can really dispute that. Even if they have a lot of competition from the likes of Apple, they are still the most powerful company when it comes to mobile devices, ad revenues, and pretty much everything else.

If the company just pursued their goal of making money from selling Android for manufacturers, and from ad placement around the Internet, it would have been difficult to build a case against them. Instead, they used their powerful position to increase their profits and to bully the competition into accepting their terms. At least, this is what the European Commission is saying about Google.

The largest fine against a single company
Probably the most significant criticism against Google (and implicitly to its parent company, Alphabet), was that its stifling competition, which in turn eventually works against the consumers. And that is a really big no-no in the European Union. It’s also one of the reasons why Microsoft was fined as well in the past.


 

 

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