Google's Russian antitrust fine is peanuts
Antitrust
Google has been served an antitrust fine in Russia amounting to 6.75 million U.S. dollars. The basis for the case is Google's supposed shutting out of competitor apps by requiring phone makers to preinstall Google-made software on their Android devices.
While the fine is potentially an indicator of more to come for the Mountain View company, the infographic below reveals just how small this financial slap on the wrist is for a company the size of Google. Based upon parent company Alphabet's revenue from Q2 2016, it would take a mere 41 minutes to earn the funds required to pay off the penalty.
While the fine is potentially an indicator of more to come for the Mountain View company, the infographic below reveals just how small this financial slap on the wrist is for a company the size of Google. Based upon parent company Alphabet's revenue from Q2 2016, it would take a mere 41 minutes to earn the funds required to pay off the penalty.