Google fined $ 5 billion USD by European regulators for unfair practices
European Union Regulators have imposed a fine of $ 5 billion on technology giant Google. If converted into Indian currency, it is more than Rs 34 trillion rupees. The European Commission says Google has misused access to the market of its Android operating system. Apart from this, it has been said that Google has not allowed companies making smartphones to make devices running Forked version of Android .
Forked version are Open Source Android which companies customized in their own way. Not only that, it has been said that Google has also given money to large companies and mobile networks to give Google Search in their handsets.
Google’s parent company Alphabet has been given 90 days to change this business practice. It has been said that if the company fails to do so, then 5% of the daily turnover will be recovered as a fine.
It is worth noting that the fines imposed on Google have been the highest for any company ever imposed. According to a BBC report, Google CEO Sunder Pichai has already been told regarding this decision, by Competition Commissioner Margrethe Vestager.
