According to recent reports, Google has lost against the EU antitrust decision and has been fined 4.1billion euros. Go through the entire article to learn more about this shocking news piece.
About the judgment
“The judgment strengthens the hand of the Commission. It confirms the Commission can use antitrust proceedings as a backstop threat to enforce rapid compliance with digital regulation also known as the DMA,” said Nicolas Petit, professor at European University Institute. EU antitrust chief Margrethe Vestager did not shy away from speaking her mind either.”This, of course, is really good. Now, we have the second Google judgment and for us, it is really important as it backs our enforcement efforts,” she said.
Judge’s statement
“The General Court largely confirms the Commission’s decision that Google imposed unlawful restrictions on manufacturers of Android mobile devices and mobile network operators in order to consolidate the dominant position of its search engine,” the court said. “In order better to reflect the gravity and duration of the infringement, the General Court considers it appropriate however to impose a fine of 4.125 billion euros on Google, its reasoning differing in certain respects from that of the Commission,” judges said. When Google was asked for a response, “We are disappointed that the Court did not annul the decision in full. Android has created more choice for everyone, not less, and supports thousands of successful businesses in Europe and around the world,” a spokesperson said.
About Google
Google is the most popular search engine in the world. It is currently being headed by Sundar Pichai and its aim is to provide people with easy access to information anywhere and at any point in time. Google has become a go-to platform for people to get answers for anything and everything.
Sundar Pichai
Sundar Pichai is currently heading Google. He was always an excellent student and he completed his studies from Stanford University. He stepped into the corporate world as a mechanical engineer and through his hard work and dedication, his is now the CEO of Google. He was given this position in the year 2015. One of his most famous quotes“It is important to follow your dreams and heart. Do something that excites you.” urges people to do something with their lives. He believes that people should do whatever interests them, but they should put their heart and soul into it. That is the road to success.
