EU expected to fine GOOGLE record $5 billion over antitrust abuse

  • The case relates to the dominance of Google’s Android operating system, which is one of the world’s most popular mobile software systems.
  • The EU has scrutinized that dominance, arguing that Google should look to make competition fairer and allow smaller players in the market to flourish.

European Union regulators will slap Alphabet-owned Google with a $5 billion antitrust fine for abusing the dominance of its Android mobile operating system, according to reports.

The case relates to the dominance of Google’s Android operating system, which is one of the world’s most popular mobile software systems, competing fiercely against Apple’s iOS. The Android OS controls more than 80 percent of smartphones globally.

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The EU has scrutinized that dominance, arguing that Google should look to make competition fairer and allow smaller players in the market to flourish. It is widely expected to fine the firm a record levy on Wednesday.

www.cnbc.com/2018/07/12/eu-is-expected-to-fine-google-5-billion-over-android-rep.html

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