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Google to be fined $5 billion over Android apps
Google will be fined about 4.3 billion euros ($5 billion) by the European Union over apps for Android mobile devices, setting a record for antitrust penalties, according to a person familiar with the EU decision.
The penalty – the same amount the Netherlands contributes to the EU budget every year – is due to be announced by EU Competition Commissioner Margrethe Vestager at 1 p.m. in Brussels.
Google will be fined about 4.3 billion euros ($5 billion) by the European Union over apps for Android mobile devices, setting a record for antitrust penalties, according to a person familiar with the EU decision.
The penalty – the same amount the Netherlands contributes to the EU budget every year – is due to be announced by EU Competition Commissioner Margrethe Vestager at 1 p.m. in Brussels.