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IPFS News Link • European Union

Europe To Fine Google Up To $11BN Over Abuse Of Market Dominance

• https://www.zerohedge.com, By Tyler Durden

According to the Financial Times, EU Competition Commissioner Margarethe Vestager, who has become possibly the most hated woman in Silicon Valley for her crusade against US tech firms, is preparing to penalize Google for "abusing its market dominance" through its Android operating system.

It won't be Google's first wire transfer to Brussles: the company has already been fined 2.4 billion euros by Vestager for "abusing its dominance in search". That case involved apparent abuses in Google's comparison-shopping service.

In the Android case, the commission could impose fines of up to $11 billion, equivalent to about half the company's 2016 Net Income. Google is also being investigated for unfairly banning competitors from websites that use its search bar and advertisements. The three investigations constitute a trio of EU actions against Google.


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