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EU expected to fine Google $5 billion over Android: Bloomberg

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Reuters

(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)

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First Published: Jul 18 2018 | 2:18 PM IST

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