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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Alphabet Inc | NASDAQ:GOOG | NASDAQ | Common Stock |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.79 | 0.47% | 169.78 | 169.63 | 169.85 | 169.90 | 167.89 | 169.22 | 15,141,523 | 00:18:21 |
From May 2022 to May 2024
By Sam Schechner and Kim Mackrael
BRUSSELS--Alphabet Inc.'s Google lost most of its appeal to overturn a $4.33 billion antitrust decision imposed by the European Union for allegedly using its Android operating system to squash competition, but got a roughly $215 million reduction in the fine.
Wednesday's ruling is a vote of confidence for the European Commission, the bloc's antitrust enforcer, which has been aggressive in targeting big U.S. tech companies over concerns about anticompetitive behavior. The Android case was the biggest of three antitrust fines totalling more than $8 billion that the Commission has levied against Google since 2017 --and it focused on mobile phones, one of the company's fastest growth areas.
Write to Sam Schechner at sam.schechner@wsj.com and Kim Mackrael at kim.mackrael@wsj.com
(END) Dow Jones Newswires
September 14, 2022 04:38 ET (08:38 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.
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