Google loses USD 4.7 billion antitrust battle with EU
Luxembourg City, July 2 -- In a jolt to Alphabet's Google, the European Court of Justice has upheld the imposition of a penalty on the tech giant for anticompetitive practices relating to its Android operating system.
The penalty amounting to USD 4.67 billion was trimmed in 2022 by the General Court. The fine was imposed by the European Commission eight years ago in 2018 for exploiting its dominant position in the mobile operating system to block rivals and promote its own apps.
"The Court of Justice dismisses the appeal brought by Google and Alphabet against that judgment of the General Court, thereby confirming the penalty imposed on them, as revised by the General Court, for their anticompetitive practices relating to the Android ope...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.