EU Fines Google Record $5.1 Billion Dollars over “Unfair Favoring” of Search and Other Apps
https://wccftech.com/eu-fines-google-record-5-1-billion-dollars-over-unfair-favoring-of-search-and-other-apps/
EU regulators slapped Google (NASDAQ:GOOGL) with a massive $5.1 billion USD anti-trust fine on Wednesday. The charge is that Google used the mobile operating platform, Android to bully smartphone makers into using its multitude of services and apps. Officials ordered the $5.1 billion to be placed in a holding account while the proceedings (and any appeals) move forward.
The gist of the fine is that Google unfairly uses the dominance of its Android mobile OS to urge phone makers like Samsung (KRX:005930), LG (KRX:066570), Sony (NYSE:SNE), or Huawei, to prioritize its search bar, Chrome browser, messenger, and other applications over anyone else’s in their stock builds for their phones.