💰European Union hit GOOGLE with $5 billion Antitrust Fine

💰European Union hit GOOGLE with record $5 billion antitrust fine.

💸How European Union #EU trying to make 4.34 #billion #euro from the “AIR”, well #internet #search🗺.

Alphabet unit Google was hit with a record-breaking 4.34 billion euro ($5.04 billion) fine on July 18 2018, topping the 2.4 billion euros it was ordered to pay in another case last year.

🎰💲Google required to stop ‘illegally tying’ Chrome and search apps to Android

As consumer and professional I choose Google as search results provider because it give more #intelligent results, more related to my #queries, #misspelling, and often best results even after typing or narration generic terms about search subject.

Google “Voice Search” recognize #voice #narration surrounded by #noise, #music and #kids #laugh.

As many intelligent #users around I choose products (google search engine) because it provide best results not due to the reason it preinstalled with #android, or any other OS.

Do not like it – “switch the channel” and use competitors it is easier then you think.

“BRUSSELS (#Reuters) – EU #antitrust regulators hit #Google with a record 4.34 billion euro ($5 billion) fine on Wednesday for using its #Android #mobile #operating #system to squeeze out #rivals.

Same scenario as it was with #Microsoft and it’s #windows #OS about 20+ years ago. However this days we have more competitors and it is easy to install different browsers, apps…

The #penalty is nearly double the previous record of 2.4 billion euros which the U.S. #tech #company was ordered to pay last year over its #online #shopping #search #service.

It represents just over two weeks of revenue for #Google parent #Alphabet Inc. and would scarcely dent its cash reserves of $102.9 billion. But it could add to a #brewing #trade war between #Brussels and #Washington.

💲TIMELINE of Google’s antitrust cases in Europe.

EU antitrust regulators accused it of abusing the dominance of its #Android #smartphone operating system by #blocking #rivals.

Below is a timeline of Google’s antitrust cases in Europe:

18 July 2018 – EU antitrust regulators hand down a 4.34 billion euro fine to Google after a three-year long investigation.

27 June 2017 – EU fines Google 2.4 billion euros for thwarting rivals of shopping comparison websites.

14 July 2016 – EU sets out another charge against Google’s shopping service. It also accuses the company of preventing third parties using its Adsense product from displaying search advertisements from Google’s competitors – a third case against the company.

20 April 2016 – EU sends a charge sheet to Google outlining the company’s anti-competitive practices with regard to Android smartphone makers and apps makers.

15 April 2015 – EU opens investigation into Google’s Android smartphone operating system.

15 April 2015 – EU charges Google with blocking competitors of its shopping service.

Sept 2014 – Almunia says he will not be able to wrap up the Google case before his mandate ends in October.

May 2014 – Joaquin Almunia, European Competition Commissioner at that time, says feedback from complainants will be crucial to determining whether he accepts Google’s concessions.

5 Feb 2014 – Google improves its concessions related to online search.

2013 – Lobbying group FairSearch files a complaint about Google’s Android business practices to the European Commission.

25 April 2013 – EU seeks feedback from rivals and users to Google’s concessions.

3 April 2013 – Google offers concessions related to online search and its AdSense advertising network to address EU competition concerns, without admitting wrongdoing.

30 Nov 2010 – European Commission opens investigation into allegations that Google has abused its dominant position in online searches following 18 complaints.

3 Nov 2009 – British price comparison site Foundem complains about Google’s online search to the European Commission.

#android #trading #cash #shopping #mobilization #googling #IOS #tradewar #business #monopoly #search #searchengine #smartphones #mobile #VoiceSearch

Credits:

reuters.com/article/us-eu-google-antitrust/google-hit-with-record-5-billion-eu-antitrust-fine-idUSKBN1K80U8

reuters.com/article/eu-google-antitrust/timeline-googles-antitrust-cases-in-europe-idUSL5N1RE0I2