Fidelity bank banner Bayelsa State banner
EU slams Google with $5b fine

By News Express on 19/07/2018

Share on facebook Yahoo mail icon Gmail icon Share on Google+

Views: 374


The EU has hit Google with its biggest ever fine, imposing a 4.34 billion euro ($5 billion) penalty on the US tech giant for illegally abusing the dominance of its operating system for mobile devices.

Brussels on Wednesday accused Google of using the Android system’s near-stranglehold on smartphones and tablets to promote the use of its own Google search engine and shut out rivals.

The decision, which follows a three-year EU investigation, comes as fears of a transatlantic trade war mount because of President Donald Trump’s decision to impose tariffs on European steel and aluminium exports.

“Google has engaged in illegal practices to cement its dominant market position in internet search,” EU Competition Commissioner Margrethe Vestager said as she announced the huge fine.

The new sanction nearly doubles the previous record EU antitrust fine of 2.4 billion euros, which also targeted Google, in that case for the Silicon Valley titan’s shopping comparison service in 2017.

Denmark’s Vestager ordered Google to “put an effective end to this conduct within 90 days or face penalty payments” of up to five percent of its average daily turnover.

The Google decision comes just one week before European Commission chief Jean-Claude Juncker is due to travel to the United States for crucial talks with US President Donald Trump on the tariffs dispute and other issues.

But Vestager — who was reportedly dubbed by Trump the “tax lady” who “hates the US” after she took on a string of Silicon Valley giants — insisted that she was not anti-American.

“I very much like the US… but the fact is that this (case) has nothing to do with how I feel,” she said.

Google chief Sundar Pichai immediately said the firm would appeal.

“Today’s decision rejects the business model that supports Android, which has created more choice for everyone, not less. We intend to appeal,” Pichai said in a blog post.

Google provides Android free to smartphone manufacturers and generates most of its revenue from selling advertisements that appear along with search results.

The EU says Android is used on around 80 percent of mobile devices, both in Europe and worldwide.

Source News Express

Posted 19/07/2018 12:43:23 PM

 

Share on facebook Yahoo mail icon Gmail icon Share on Google+


 

CLASSIFIED ADS

 

You may also like...
Call Belema Oil, Robo Michael to order, MOSOP...

Student imprisoned for robbery

Nigerian rights group petitions ICC, urges intervention to...

Buhari urges support for military against insurgents

CBN lifts forex market with $210m

Kidnap kingpin Evans disowns lawyer

I’m honoured to be one of the few...

Nigerian emerges Best Overall Medical Student at Ukrainian...

MTN shareholders demand new leadership as record Nigerian...

Enyimba survive penalty drama to beat Tornadoes in...

NFF gives Rohr 2018 World Cup target

Judge blasts Dariye’s lawyer over delay in N1.16bn...

 

Latest News BREAKING NEWS: INEC registers 23 new political parties (See Full List) Boko Haram attacks 3 nations in 1 week; slain officer buried without army’s admission of casualties Amaechi’s 2nd term as Presidential Campaign DG and Buhari’s chances in the 2019 polls BREAKING: Osinbajo orders immediate overhaul of SARS MASSOB bans Kano Governor from visiting Aba, receiving chieftaincy title Saraki, Dogara dash hopes of early reconvening of National Assembly 2019: Southern forum gives conditions for backing presidential aspirants Blind Imolites block Government House to protest Okorocha’s failed promises 2019: Tambuwal, Atiku in closed-door meeting over PDP presidential ticket US lawmaker in fake certificate scandal Dismissed policeman commits suicide after infecting nine-year-old girl, five others with HIV Cleric slumps, dies while officiating wedding

 

Most Read NUDE PHOTO OF OMOTOLA JALADE-EKEINDE surfaces online (376,425 views) Nigerian female sex addict opens up, says ‘I like it with both men and women’ (365,896 views) Shameless Genevieve Nnaji exposes breasts in public (295,577 views) Finally named: The full list of friends of Nigerian female sex addict who prowled Facebook (241,340 views) OLUMBA OLUMBA OBU (the one who called himself God) IS DEAD (221,926 views) Igbo scholar disgraces Femi Fani-Kayode •Demolishes claims on Igbo/Yoruba history with facts and figures (216,780 views) Breaking News: POPULAR REVEREND CONVERTS TO ISLAM in Kaduna (Nigeria) (192,075 views) OBJ’s son reported dead in Lagos plane crash •Names of more victims emerge (174,220 views) THE FINAL DISGRACE: Igbo scholar unleashes more facts about Igbo/Yoruba history, finishes off Femi Fani-Kayode with second article (159,355 views) My wasted years in Olumba Olumba Obu’s Evil Brotherhood (157,790 views) Lagos plane crash: Journalist releases victims’ names (152,284 views) Gunmen kill ASP, 2 other police officers in vain bid to kidnap Rivers PDP chieftain (142,710 views)

 

Categories Advertorials (3) African Press Organisation (81) Art & Literature (56) Business & Economy (3,445) Business Verdict (48) Columnists (907) Complaints & Requests (95) Enterprise & Opportunities (207) Entertainment (526) Features (632) Global Business Monitor (293) International (2,263) Interview (161) Live Commentary (28) Love Matters (134) News (37,990) Opinion (1,056) Pidgin (11) Politics (6,025) Religion (814) Sports (1,643) Stock Watch (33) AMA & Al Jazeera Global Update

 

CBN banner

Firstmobile banner

 

 

NEWS EXPRESS TV

Liverpool Destroying West Ham 4-0 - Highlights

 

APO Group Partner

 

 

CLASSIFIED ADS

GOCOP Accredited Member

GOCOP Accredited member

 

 

Africa Media Agency and Al Jazeera

Advertisement