European Competition Commission Hits Google With $5 Billion Fine

Breitbart | 7/18/2018 | Staff
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AFP — Google faced a record EU anti-trust fine of 4.3 billion euros on Wednesday over its Android smartphone system, in a ruling that risks a fresh clash between Brussels and Washington.

EU Competition Commissioner Margrethe Vestager is expected to say that the US tech giant abused Android’s dominant market position to boost usage of its own search engine and browser.

Sanction - Record - EU - Fine - Euros

The new sanction would nearly double the previous record EU anti-trust fine of 2.4 billion euros, which also targeted Google, in that case for the Silicon Valley titan’s shopping comparison service in 2017.

The decision, which follows a three-year investigation, comes as fears of a transatlantic trade war mount due to President Donald Trump’s decision to impose tariffs on European steel and aluminium exports.

Vestager - Penalty - US - Tech - Giant

Vestager is set to announce the penalty against the US tech giant at a news conference in Brussels at 1100 GMT. A source close to the matter told AFP that the fine would be 4.3 billion euros ($5 billion).

“The fine is based on the length of the infraction, but also on whether antitrust authorities believe there was an intention to commit the offence, and whether they excluded competitors or not,” said another European source.

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Danish former minister Vestager, who has targeted a string of US tech titans, spoke by telephone with Google chief Sundar Pichai on Tuesday night to tell him about the decision in advance.

Vestager is expected to say that Google shut out rivals by forcing major phone makers including South Korea’s Samsung and China’s Huawei to pre-install its search engine and Google Chrome browser, thereby freezing out rivals.

Google - Search - Default - Condition - Google

They were also made to set Google Search as the default, as a condition of licensing some Google apps. Google Search and Chrome are as a result pre-installed on the “significant majority” of devices sold in the EU, the European Commission...
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