The European Union Fines Google over Android
The European Union hits Google with a huge record breaking fine of 4.3 billion euros ($5.1 billion). This fine was impose over antitrust issues link to Google’s handling of the Android ecosystem. The fine is the largest ever, surpassing the previous 2.4 billion euros leverage against the search engine for its online shopping service last year. It is expect that the fine will amount to two weeks of revenue for the search engine giant. Which is likely to sting a little, even with Alphabet’s vast coffers.
However and far more importantly for Google. The EU has also given Google 90 days warning to quit the actions. Those the EU has deemed as illegal. Or Google will face further fines from the European Commission.
I told you so! The European Union just slapped a Five Billion Dollar fine on one of our great companies, Google. They truly have taken advantage of the U.S., but not for long!
A Google spokesperson told Web Tech that “Android has creat more choice for everyone, not less. A vibrant ecosystem, rapid innovation, and lower prices are classic hallmarks of robust competition. We will appeal the Commission’s decision.” Google CEO Sundar Pichai has back this statement up on Twitter. He likewise including in a blog entry the subject that Android’s presence has prompted hearty rivalry. Worryingly for Android clients all over, Pichai shows that the present decision could change the way Android is utilize as we probably am aware it.
“In 2007, we chose to offer Android to phone makers and mobile network operators for free,” Pichai wrote. “Of course, there are costs involved in building Android, and Google has invested billions of dollars over the last decade to make Android what it is today … we earn revenue only if our apps are installed, and if people choose to use our apps instead of the rival apps.”
Nonetheless, it’s conceivable that this decision will just mean more rivalry for Google — which for purchasers, is for the most part something to be thankful for and something just Google ought to be distraught about.