The EU's top court on Thursday upheld a record 4.1 billion euro ($4.7 billion) fine the bloc slapped on Google for anticompetitive practices related to its Android operating system.
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Google will have to pay a record €4.1bn (£3.5bn) fine after it lost its fight against EU antitrust regulators.
This article was written by Doug Nathman, with research by his team at Trefis.
Alphabet's Google (GOOG) must pay a €4.1B antitrust fine after losing its final EU appeal over Android market dominance. OpenAI has discussed offering a 5% stake to the U.S. government, aiming to share AI's financial upside with the public.
Alphabet on Thursday lost its appeal against an antitrust fine imposed on the tech giant by a top European court.
The EU's top court will decide Thursday whether to uphold a record 4.1 billion euro ($4.7 billion) fine the bloc slapped on Google for anticompetitive practices related to its Android operating system.
Google loses legal fight over 4.1 billion-euro EU antitrust fine
Europe's top court on Thursday dismissed Alphabet unit Google's fight against a record fine imposed by EU antitrust regulators eight years ago for using its Android mobile operating system to block rivals.
Alphabet Inc. (GOOG) concluded the recent trading session at $357.89, signifying a +1.29% move from its prior day's close.
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