TOP NEWS SUMMARY: EU court upholds EUR4 billion fine against Google – Morningstar

(Alliance News) – The following is a summary of top news stories Wednesday.

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COMPANIES

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The EU’s second-highest court overwhelmingly upheld the EU’s record fine against Google over its Android operating system for mobile phones, reducing it only slightly for technical reasons. In a statement, the EU’s General court said it “largely confirms the commission’s decision that Google imposed unlawful restrictions on manufacturers of Android mobile devices” in order to benefit its search engine. The court, however, said the fine for the arm of Alphabet should be slightly reduced to EUR4.13 billion, instead of the EUR4.30 billion decided by the commission in 2018.

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South Korea has fined Alphabet’s Google and Meta Platforms more than USD71 million collectively for gathering users’ personal information without consent for tailored ads, regulators said Wednesday, the country’s highest-ever data protection fines. Investigations into the two US tech giants found…

Read Full Story: https://www.morningstar.co.uk/uk/news/AN_1663148504851022100/top-news-summary-eu-court-upholds-eur4-billion-fine-against-google.aspx

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source: https://news.oneseocompany.com/2022/09/14/top-news-summary-eu-court-upholds-eur4-billion-fine-against-google-morningstar_2022091430204.html

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