LIVE TV
ZEE Business
ZEE BUSINESS
हिंदी में पढ़ें  हिंदी में पढ़ें
Live TV
Live TV
  • Home
  • Budget 2021
  • Personal Finance
    • PPF
    • Mutual Funds
    • Income tax
    • EPFO
    • Income Tax Calculator
    • Personal Loan Calculator
    • Car Loan Calculator
    • Home Loan Calculator
    • SIP calculator
    • SWP Calculator
    • MF Returns Calculator
    • Lumpsum Calculator
  • India
    • Companies
    • Property
    • Startups
    • Uidai
  • Economy
    • Aviation
  • Tech
    • Mobiles
    • Apps
  • Auto
    • Cars
    • Bikes
  • Markets
    • Commodities
    • Currency
  • Jobs
  • Indian Railways
  • World
    • Economy
    • Politics
    • Markets
  • videos
  • photos
  • Authors
  • More ...
    • VIDEOS
    • PHOTOS
Read in App
Business News » World News

European Union set to fine Google billions over Android issue: sources

  • Twitter
  • Facebook
  • Linkedin
  • whatapp
  • View in App
European Union set to fine Google billions over Android issue: sources
The EU is set to fine US internet giant Google several billion euros this week for freezing out rivals of its Android mobile phone system, sources said, in a ruling that risks fresh tensions with Washington.Image source: Reuters
Written By: PTI
Updated: Tue, Jul 17, 2018
09:11 pm
Brussels, PTI
RELATED NEWS
Google fires 150 game developers hired for Stadia: Report Google fires 150 game developers hired for Stadia: Report
This country passes law to make Google, Facebook pay for news  This country passes law to make Google, Facebook pay for news
Now you can share apps on Android using 'Nearby Share' | Check all details here Now you can share apps on Android using 'Nearby Share' | Check all details here
Google Play Music app user? Beware, your library will be deleted on this date! Take this action now Google Play Music app user? Beware, your library will be deleted on this date! Take this action now
Google Chrome 88 update fixes key zero-day bug Google Chrome 88 update fixes key zero-day bug

The EU is set to fine US internet giant Google several billion euros this week for freezing out rivals of its Android mobile phone system, sources said, in a ruling that risks fresh tensions with Washington.
Competition Commissioner Margrethe Vestager is expected to say on Wednesday that Google abused its dominant position in the market by making tie-ups with phone makers like South Korea's Samsung and China's Huawei.

The long-awaited decision comes as fears of a transatlantic trade war mount due to President Donald Trump's shock decision to impose tariffs on European steel and aluminium exports.

Two European sources told AFP the fine would be "several billion euros" without giving further details. EU rules say Google could be fined up to 10 per cent of parent company Alphabet's annual revenue, which hit USD 110.9 billion in 2017.

"The fine is based on the length of the infraction, but also on whether anti-trust authorities believe there was an intention to commit the offence, and whether they excluded competitors or not," said another source close to the matter.

The European Commission, the 28-nation EU's executive arm, refused to comment.

Denmark's Vestager has targeted a series of Silicon Valley giants in her four years as the 28-nation European Union's anti-trust chief, winning praise in Europe but angering Washington.

The case against Android is the most significant of three complaints by the EU against the search titan, which has already been hit with a record-breaking 2.4-billion-euro fine in a Google shopping case.

Brussels has repeatedly targeted Google over the past decade amid concerns about the Silicon Valley giant's dominance of Internet search across Europe, where it commands about 90 percent of the market. 

Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.

TAGS:
GoogleEuropean Union
RELATED NEWS
Google fires 150 game developers hired for Stadia: Report Google fires 150 game developers hired for Stadia: Report
This country passes law to make Google, Facebook pay for news  This country passes law to make Google, Facebook pay for news
Now you can share apps on Android using 'Nearby Share' | Check all details here Now you can share apps on Android using 'Nearby Share' | Check all details here
Google Play Music app user? Beware, your library will be deleted on this date! Take this action now Google Play Music app user? Beware, your library will be deleted on this date! Take this action now
Google Chrome 88 update fixes key zero-day bug Google Chrome 88 update fixes key zero-day bug

LATEST NEWS

BJP Bengal candidate list 2021: Full details of vidhan sabha constituency wise names, numbers

MacKenzie Scott Marriage: Ex-wife of Amazon boss Jeff Bezos marries this man - Who is he? His profession? Read full letter

Easy Trip Planners IPO date: Ventura Securities highlights details

PUBG Mobile 1.3 global update: APK download link, check expected release date and more!

Announced LIVE: JEE Main Result DECLARED - Here is how to check

SBI Pension Loan: Former Central and state government employees, defence pensioners or family pensioners, this scheme tailor made for you; check interest rate

Yes Bank launches 'Yes Essence' services for women

Gold prices down Rs 122, silver up Rs 587

NEET 2021 exam: Students don't miss to check the latest update on exam dates, eligibility criteria, registration process and all you need to know before appearing in the exam!

7th Pay Commission: After family pension, Modi government BIG relief on DA for central government employees likely soon, pensioners to benefit too

  • India News
  • World News
  • Companies News
  • Market News
  • Personal Finance News
  • Technology News
  • Automobile News
  • Small Business News
  • Income Tax Calculator
  • Live TV
  • Videos
  • Photos
  • Author
  • Rss Feed
  • Advertise with us
  • Privacy Policy
  • Legal Disclaimer

Latest Trending Updates

  • EPFO
  • Budget 2020
  • Income Tax Return
  • Auto Expo 2020
  • Home Loan
  • Business News

Trending Topics

  • Income Tax
  • income Tax Calculator
  • 7th Pay Commission
  • Reserve Bank of India
  • GST
  • Latest Business News

Follow us on

zeebiz
zeebiz

Partner Sites

  • Zee News
  • Hindi News
  • Marathi News
  • Bengali News
  • Tamil News
  • Malayalam News
  • Gujarati News
  • Telugu News
  • Kannada News
  • DNA
  • WION
Copyright © Zee Media Corporation Ltd. All rights reserved