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RSS FeedsThe story behind Google`s secret offer to settle Android probe
(WorldNews Business)

 
 

22 july 2018 15:09:22

 
The story behind Google`s secret offer to settle Android probe
(WorldNews Business)
 


European Union Competition Commissioner Margrethe Vestager coolly hit Google with a 4.3 billion-euro ($5 billion) fine last week, the biggest penalty in the history of antitrust enforcement. It didn’t have to be that way. A year earlier, when the company -- already reeling from a 2.4 billion-euro fine in another EU case -- made quiet attempts to settle the probe into deals it has with Android phone makers, the response was equally chilly. The Silicon Valley search giant had waited at least a year too long to broach the subject of a settlement, the 50-year-old Vestager said in an interview. When a company wants to settle, it needs to "reach out immediately after" getting the...


 
11 viewsCategory: Business
 
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