00:00 It's Benzinga and here's what's on the block.
00:02 Japan's competition watchdog, the Japan Fair Trade Commission, has opened an investigation
00:07 into Google regarding alleged antitrust violations in search practices on mobile platforms.
00:14 The JFTC is examining whether Google made agreements with Android smartphone makers
00:19 requiring them to prioritize Google's own apps and services or preventing them from
00:23 installing rival search engines.
00:25 Google's Android dominates the mobile operating system market with close to 80% of smartphones
00:31 worldwide.
00:32 Google previously faced EU antitrust scrutiny over Android agreements resulting in a 2018
00:37 fine and now faces allegations from the U.S. Department of Justice in an ongoing major
00:42 antitrust trial that it violated anti-monopoly law through exclusive search engine agreements.
00:48 For all things money, visit Benzinga.com.
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