Wednesday, July 18, 2018

Google faces a €4.3 billion fine from the EU

We've heard about the EU competition commission chief's disapproval of Google's practices just last week and now, we are seeing the results. This morning the European Commission had slapped the search giant with a record-breaking €4.3 billion fine. The California-based company was found guilty of using its mobile OS to "cement its dominant position in general internet search." The EU's ruling gives Google 90 days to change its practice or face even more severe penalties of up to 5% of its average daily revenue. But even if the 90 days change is met, the initial fine is still the...

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