EU slams Google with Record $5bn Fine

    Google has been fined with a record of 4,343 million euros (5,000 million dollars) in its Android system. With the announcement on Wednesday, the European Commission said the company had used the mobile operating system to "illegally cement its dominant position in the general search of the Internet." The EU said that the firm's Primary Alphabet has received 90 days to comply with the sentence or face new penalties of up to 5% of the average daily business volume. At a press conference in Brussels Margrethe Vestager, the competition commissioner, said consumers needed an election, adding that the decision could lead manufacturers to sell smart devices that used different versions of the system Operating from Android to Google, such as the Amazon Fire Operating System.Google was previously fined €2.4bn ($2.8bn; £2.1bn) over a separate probe into its shopping comparison service – a ruling the tech firm is in the process of appealing against.
Its advert-placing business AdSense, is also under investigation by the EU.

“This will change the marketplace,” she said.
Though Alphabet can easily afford the fine as its cash reserves totalled nearly $103bn at the end of March, the company insists it would appeal the ruling.
Google’s chief executive Sundar Pichai was pre-briefed about the ruling on Tuesday and has blogged in response.
“Rapid innovation, wide choice, and falling prices are classic hallmarks of robust competition and Android has enabled all of them,” he wrote.
“Today’s decision rejects the business model that supports Android, which has created more choice for everyone, not less. We intend to appeal.”




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