(Reuters) - Alphabet Inc's Google is expected to be fined a record 4.3 billion euros ($5.00 billion) by the European Union over its Android system, Bloomberg reported on Wednesday.
Google Chief Executive Officer Sundar Pichai had a call with EU Competition Commissioner Margrethe Vestager late Tuesday for a meeting, Bloomberg reported citing a source.
The EU antitrust enforcer has charged Google with using its dominant Android to marginalise rivals following a three-year-long investigation - seen as the most important of three EU cases against the world's most popular internet search engine.
Google was not immediately available for comment.
Vestager will hold a news conference at 1100 GMT, the European Commission said, where she is expected to announce a record fine against Google.
The Commission said Vestager would speak on an antitrust case but did not provide details.
($1 = 0.8606 euros)
(Reporting by Shubham Kalia in Bengaluru; Editing by Gopakumar Warrier)
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app