Europe’s Smack to Google May Only Be the Beginning
The European Commission’s record-breaking fines for Google foreshadow a larger regulatory invasion of the U.S. technology industry.
On Wednesday, the European Union brought down an antitrust fine of 4.34 billion euros—or about $5.06 billion—against Google, for anticompetitive practices related to Android, the company’s mobile operating system. It’s the European Commission’s largest antitrust fine ever, topping the previous record of 2.42 billion euros—which was also levied against Google, just last year, for abuses of its search-engine dominance. At… read more