EU Fines Google $5 Billion Over Android Antitrust

Jul 18, 2018 - 7:22 am 18 by
Filed Under Google News

Google Eu Fine

Less than 20 minutes ago, the whopping news broke that the European Union has fined Google $5 billion €4,34 bn over antitrust and competitive laws around Android. Margrethe Vestager, the European Commissioner for Competition wrote on Twitter that it is time Google stop these practices and this will make them.

She wrote:

The European Commission ordered Google to end the illegal practices within 90 days or face additional penalties of up to 5 percent of parent Alphabet’s average daily worldwide turnover.

Google currently has $102.88B in cash on hand, so this is affordable but it is a huge record breaking dollar figure for a fine. Previously, Google was fine €2.42 billion in 2017 and this is about twice that amount.

Of course, Yelp is satisfied with this.

I am sure Google will fight this some how.

Update: Here is Google's statement, "Android has created more choice, not less."

Forum discussion at Twitter & WebmasterWorld.

 

Popular Categories

The Pulse of the search community

Follow

Search Video Recaps

 
Google Volatility, Indexing Bugs, Google Ads Broad Match Default & YouTube SEO Tips - YouTube
Video Details More Videos Subscribe to Videos

Most Recent Articles

Search Forum Recap

Daily Search Forum Recap: July 12, 2024

Jul 12, 2024 - 10:00 am
Search Video Recaps

Search News Buzz Video Recap: Google Volatility, Indexing Bugs, Google Ads Broad Match Default & YouTube SEO Tips

Jul 12, 2024 - 8:01 am
Google Maps

Remove Thumbtack Book Links In Google Business Profiles

Jul 12, 2024 - 7:51 am
Google Search Engine Optimization

New: Google Search Console Let's You Add Your Shipping & Return Information

Jul 12, 2024 - 7:41 am
Google

Google Search Tests Autoplaying Video Thumbnails In Results?

Jul 12, 2024 - 7:31 am
Bing Search

Bing Search Tests Voting On Search Results

Jul 12, 2024 - 7:21 am
Previous Story: Google Logo For German Conductor, Kurt Masur