Google loses appeal over EU antitrust ruling, but fine cut to $4.12 billion
Publishing timestamp: 2022-09-14 08:25:24
Summary
EU court upholds antitrust ruling against Google's parent company, Alphabet, but reduces fine. Google disappointed with decision, argues Android creates more choice. Google fined for imposing unlawful restrictions on manufacturers of Android devices. Google can still appeal ruling.
Sentiment: MIXED
Keywords: apple inc, breaking news: europe, alphabet inc, technology, business news,
Source: https://www.cnbc.com/2022/09/14/eu-court-backs-antitrust-ruling-against-google-but-reduces-fine.html