00:00It's Benzinga bringing Wall Street to Main Street.
00:02Google lost its long-running fight against a 4.1 billion euro or 4.7 billion dollar
00:08European Union antitrust fine after the European Court of Justice dismissed an appeal from Google
00:14and Alphabet, according to Bloomberg. The ruling confirms a penalty tied to Google
00:20Search's abuse of a dominant position through the Android operating system.
00:24The European Commission fined Google in 2018, saying the company illegally required handset makers
00:30to pre-install Google Search and Chrome to license the Play Store. Regulators also said Google paid
00:36some manufacturers and operators to exclusively pre-install Search and blocked manufacturers
00:41from using unapproved Android versions. Google said it adapted its agreements in 2018
00:46and remains focused on innovation and openness. For all things money, visit Benzinga.com.
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