CURRENT AFFAIRS

2017

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
How many billion Euros are fined by the European Union to Google?
A
2.42
B
3
C
5
D
1.58
Explanation: 

Detailed explanation-1: -Google loses EU antitrust appeal, to pay €4.12 billion fine.

Detailed explanation-2: -Google (GOOGL) suffered one of its biggest setbacks on Wednesday when a top European court fined it 4.125 billion euros ($4.13 billion) for using its Android mobile operating system to thwart rivals, offering a precedent for other regulators to ratchet up pressure.

Detailed explanation-3: -Google Faces Record $4 Billion Fine In Europe After Losing Android Antitrust Appeal.

Detailed explanation-4: -Here’s looking at why CCI has fined Google and the approach that the regulator wants the company to take. Essentially, the EU has fined Google a total of EUR 8.25 billion (approximately Rs 66, 600 crore) for antitrust violations after three investigations which spanned over a decade.

Detailed explanation-5: -The €4.125bn (£3.5bn) penalty is the largest anti-trust fine ever handed down by the European Commission. It said Google had breached its laws by forcing Android phone-makers to carry its search and web browser apps in order to access the Google Play Store in 2018. Google has since changed its terms.

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