Categories: Business

Google to fight EU antitrust fine at court hearing from Sept. 27 – sources

BRUSSELS, July 12 (Reuters) – Alphabet (GOOGL.O) unit Google will seek to overturn a record 4.34-billion-euro ($5.15 billion) EU antitrust fine at a five-day hearing in September at Europe’s second-highest court, people familiar with the matter said.

The European Commission in its 2018 decision said Google had used its popular Android mobile operating system to thwart rivals, an anti-competitive practice dating from 2011.

Android, used by device makers for free, is found on about 80% of the world’s smartphones. The case is the most important of the EU’s three cases against Google because of Android’s market power. Google has racked up more than 8 billion euros in EU antitrust fines in the last decade.

The hearing will kick off on Sept. 27, the people said. Google did not immediately respond to a request for comment.

The Luxembourg-based General Court said it could not confirm the hearing as the dates have not been made public for now. The five-day event is longer than average but not unusual.

Google is backed by lobbying groups Application Developers Alliance (ADA) and the Computer & Communications Industry Association (CCIA), Android device makers Gigaset Communications GmbH and HMD Global Oy, which is the exclusive licensee of the Nokia brand for phones, and Norwegian tech company Opera Software.

The Commission has the support of the European Consumer Organisation (BEUC), German publishing groups VDZ and BDZV, Czech search engine Seznam, lobbying group FairSearch and French search engine Qwant.

The case is T-604/18 Google vs European Commission.

($1 = 0.8422 euros)Reporting by Foo Yun Chee Editing by Mark Potter

Our Standards: The Thomson Reuters Trust Principles.

Source: https://www.reuters.com/technology/google-fight-eu-antitrust-fine-court-hearing-sept-27-sources-2021-07-12/

World Economic Magazine

Recent Posts

Securitize Seeks a Lending Foothold With River One Acquisition

The pending deal would connect asset-backed financing with its tokenization business, but market-size figures do…

1 hour ago

LKQ Accelerates Sal Abbate’s Arrival as Chief Executive

The automotive-parts supplier ends its interim leadership arrangement more than a month ahead of the…

2 hours ago

U.S. and 14 Partners Set Agenda on Manufacturing Excess Capacity

A joint ministerial statement calls for sectoral discussions and an end to market-distorting policies, without…

1 day ago

Aruba Signs Battery Deal to Coordinate Its Power System

Wärtsilä’s 35-megawatt storage project pairs batteries with energy management and maintenance, with takeover expected in…

2 days ago

BigBear.ai’s $225 Million Award Tally Requires a Funding Reality Check

The federal contractor reports customer expansion and retained work, but contract ceilings and unexercised options…

3 days ago

Stamford Emerges as the U.S. Launchpad for Revolut’s Next Banking Push

Stamford is set to become the American base for one of Europe’s most ambitious fintech…

3 days ago