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Google: Will EU's $5B Fine Curb Its Dominance?

·5 min read
Google: Will EU's $5B Fine Curb Its Dominance?
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The European Union (EU) has imposed a record penalty of 4.3 billion euros (around $5 billion) on Alphabet Inc.’s Google (GOOGL​​​​​) unit on charges that the firm ues its popular Android mobile operating system to illegally "cement its dominant position in general internet search," the BBC reports. Google said that it plans to appeal the European Commission's decision. CEO Sundar Pichai, in a blog post, supported Android’s development as a platform that “has created more choice, not less.”