Friday, September 30, 2022

EU court slightly cuts Google’s antitrust fine to €4.125 billion 

Google was slapped with the record fine in 2018 and filed a complaint within weeks.

• September 14, 2022
Google Hq
Google used to illustrare the story

The EU General Court on Wednesday largely upheld the European Commission’s massive antitrust fine against Google in 2018 but cut the amount to €4.125 billion ($4.123 billion) from €4.34 billion.

The tech giant was slapped with the record fine in 2018 and filed a complaint within weeks.

The European Union’s executive branch accused Google, and its parent company Alphabet, of having violated the bloc’s competition rules to “cement its dominant position in general internet search’’ on Android devices.

The commission argued that Google illegally reinforced its dominance by offering Google Search to mobile phone manufacturers only as a bundle with other Google apps, paying them for pre-installing Google Search as the only search app, and obstructing the development of competing apps.

The General Court, in a statement, said it “largely confirms the commission’s decision that Google imposed unlawful restrictions on manufacturers of Android mobile devices and mobile network operators” to consolidate the dominant position of its search engine.

It added, “In order to better reflect the gravity and duration of the infringement, the General Court considers it appropriate, however, to impose a fine of €4.125 billion on Google, its reasoning differing in certain respects from that of the commission.’’

Google has the right to appeal against Wednesday’s ruling by the Luxembourg-based court.

The case is one of several major antitrust cases between the European Commission and Google over its dominance of the internet market, involving multibillion-euro fines.

In 2021, Google already lost a trial against a €2.4 billion competition fine for abusing its market dominance by promoting its shopping services and appealed the ruling.

(dpa/NAN)

We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.

More from Peoples Gazette

Adegboyega-Oyetola

States

Court nullifies Oyetola’s nomination as APC Osun guber candidate

The court said the decision to forward the names of Mr Oyetola and his deputy governorship candidate amounted to a nullity in law.

Peter Obi

Politics

2023: Peter Obi announces campaign website, calls for donations

The Labour Party presidential flagbearer announced a website for donations collection for his presidential bid in a tweet on Friday.

Colonel Paul-Henri Sandaogo Damiba

Africa

Army captain announces overthrow of Burkina Faso’s military government

This is the second coup witnessed by the African country since January of this year.

Enugu

Enugu govt to execute road repairs in dry season: Commissioner

Traffic would be obstructed on major arterial and connecting roads in the affected areas, especially in Enugu metropolis.

Naira and Dollars

Economy

I&E Window: Naira constant, exchanges at 437.03 to dollar

An exchange rate of N441 to the dollar was the highest rate recorded within the day’s trading before it settled at N437.03.

Lagos

LWC urges security agencies to arrest water pipe vandals

Management of the Lagos Water Corporation has appealed to security agencies to help in recovering the stolen pipes.