WORLDSTAAAR: Watch if Google gets whacked with an $11B fine by the EU

2018-7-18 12:08

Google will most likely be hit with a record fine from the EU today. This is set to be focused around its Android operating system violating European antitrust laws. Part of a wider anti-trust lawsuit, the EU claims Google has “abused its dominant position by imposing restrictions on Android device manufacturers and mobile network operators.

” The decision from Brussels is expected around midday today and the EU regulatory body is able to fine Google up to 10 percent of its annual revenue. According to Statista, Alphabet – Google’s parent company – earned around $111 billion in 2017, so this could make the fine…

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