BUSINESS Google faces possible EC fine for Android’s dominance

BUSINESS

Google faces possible EC fine for Android’s dominance

By Zhang Jian | People's Daily app

14:27, June 07, 2018

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(Photo: VCG)

The European Commission (EC) may announce its antitrust decision against Google’s parent company Alphabet and may impose a heavy fine over Google’s abuse of market dominance of Android mobile operating system as soon as next month, Politico reported.

According to European laws, the decision may cost Google up to $11 billion, much higher than before. In 2017, the EC imposed a record fine of $2.7 billion on Google because it unfairly guided users to use its price comparison service with its dominant position in the search engine market.

Alphabet’s stock price fell by 0.35% on Wednesday.

The decision is part of the three investigations against Google over concerns about Google’s market dominance.

A September 2016 Reuters report said the European Union was conducting three antitrust investigations against Google, including its Android operating system, web search ordering and online advertising market.

Last year, Alphabet warned investors that the EU may fine the company in 2018.

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