Alphabet (NASDAQ: GOOGL) Could be Fined for Anti-Competitive Practice

The European Union antitrust regulators are planning to order Alphabet (NASDAQ: GOOGL) to stop paying money to specific smartphone makers. Google was providing such financial incentives so companies would pre-install Google search exclusively on their devices, which are anti-competitive actions.

Reuters reported that regulators revealed a document of more than 150 pages. The document was sent to the complainants last week, and to Google back in April. According to the document, Google “cannot punish or threaten” companies for not complying with its conditions. In case of further violations Google could face a large fine because the anti-competitive practices, which started from January 2011.

Google representatives said in a statement, “We look forward to showing the European Commission that we’ve designed the Android model in a way that’s good for both competition and consumers, and supports innovation across the region.”

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