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Share Name | Share Symbol | Market | Type |
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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 | |
---|---|---|---|---|---|---|---|---|---|---|
0.37 | 0.22% | 168.83 | 168.68 | 169.30 | 169.85 | 164.98 | 169.49 | 22,768,008 | 05:00:05 |
By Olga Razumovskaya
MOSCOW--A Russian appeals court has rejected Alphabet Inc.'s Google's (GOOG) appeal in an antimonopoly case, a spokesman for the Russian antitrust watchdog said Wednesday.
Google has been entangled in an antitrust dispute with the Russian Federal Antimonopoly Service over its practices of bundling apps for its Android platform.
Last week, the watchdog fined Google 438 million rubles ($6.8 million) for abusing its dominant position of its Android mobile-phone operating system.
Earlier this week, the antitrust regulator said FAS and Google have failed to settle the dispute out of court.
The court's decision isn't the final step for Google in disputing the charges, the FAS spokesman told the Wall Street Journal over the phone. Google may still file a cassation appeal, he said.
A Google Russia spokesperson didn't immediately respond to a request for comment.
Write to Olga Razumovskaya at olga.razumovskaya@wsj.com
(END) Dow Jones Newswires
August 17, 2016 07:25 ET (11:25 GMT)
Copyright (c) 2016 Dow Jones & Company, Inc.
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