Post by account_disabled on Mar 14, 2024 0:04:47 GMT -5
European Union regulatory authorities imposed a record fine of 4.343 million euros, about 5 billion dollars, on Google for using its Android mobile operating system to drive its rivals out of the market.
This was a source of criticism from the president of the United States, Donald Trump, and he expressed it through a tweet, saying:
"I told you! The European Union has just imposed a fine of $5 billion on one of our great companies, Google. "They have really taken advantage of America, but they won't do it for much longer!"
Margrethe Vestager, European Commissioner AQB Directory for Competition, said that "Google used illegal practices to cement its dominant position in internet search."
According to the EU, Google used its control of the Android system, the most used in cell phones and tablets, to force the use of its search mechanism. According to Vestager, the EU determined that Google must end this practice within 90 days from July 18.
This is what Donald Trump said regarding the multimillion-dollar fine imposed on Google:
Tweet this phrase.
Google fine: Trump criticizes EU
However, this fine occurs in contact where the relationship is deteriorating, especially in the area of trade, between the bloc and Washington.
And since the US tariffs on the import of European products were adopted, reciprocity measures were generated.
However, according to Expansión, the gap is also expressed in the difficult relations that Washington began to have with NATO countries, and the distancing of the United States from the Paris agreement on climate change.
It is worth mentioning that the fine announced in Brussels is added to another fine worth 2,424 million euros also applied in 2017 to Google for favoring its own commercial mechanisms on its search platform.
$5 billion fine for Google
Although it sounds like a very high amount, this fine represents very little for Google, since it is what it generates in two weeks and this would only affect its cash reserves of 102.9 billion dollars.
However, Google will appeal the decision of the European Commission to impose
a million-dollar fine for reinforcing its dominant position with the Android mobile operating system, as reported by the company through the social network Twitter.
This was a source of criticism from the president of the United States, Donald Trump, and he expressed it through a tweet, saying:
"I told you! The European Union has just imposed a fine of $5 billion on one of our great companies, Google. "They have really taken advantage of America, but they won't do it for much longer!"
Margrethe Vestager, European Commissioner AQB Directory for Competition, said that "Google used illegal practices to cement its dominant position in internet search."
According to the EU, Google used its control of the Android system, the most used in cell phones and tablets, to force the use of its search mechanism. According to Vestager, the EU determined that Google must end this practice within 90 days from July 18.
This is what Donald Trump said regarding the multimillion-dollar fine imposed on Google:
Tweet this phrase.
Google fine: Trump criticizes EU
However, this fine occurs in contact where the relationship is deteriorating, especially in the area of trade, between the bloc and Washington.
And since the US tariffs on the import of European products were adopted, reciprocity measures were generated.
However, according to Expansión, the gap is also expressed in the difficult relations that Washington began to have with NATO countries, and the distancing of the United States from the Paris agreement on climate change.
It is worth mentioning that the fine announced in Brussels is added to another fine worth 2,424 million euros also applied in 2017 to Google for favoring its own commercial mechanisms on its search platform.
$5 billion fine for Google
Although it sounds like a very high amount, this fine represents very little for Google, since it is what it generates in two weeks and this would only affect its cash reserves of 102.9 billion dollars.
However, Google will appeal the decision of the European Commission to impose
a million-dollar fine for reinforcing its dominant position with the Android mobile operating system, as reported by the company through the social network Twitter.