The recent antitrust lawsuit by the European Commission against Google has brought to light a potentially serious issue with the app store market – monopoly. Google has been fined €4.3 billion for using the power of the Android operating system to favour their own app, the Google Play Store, over others.
Google has been found guilty of using anti-competitive methods to monopolize the market in order to suppress potential rivals. This has resulted in a stifling of innovation and increased costs for both developers and consumers alike.
In this video we'll explore why the European Commission has fined Google, how they were able to monopolize the market, and what this case may mean for the future of app stores.
Topics Covered:
1. Why was Google fined?
2. How did Google monopolize the market?
3. What can other companies learn from this case?
Tags:
#Google #Fined #EuropeanCommission #Android #PlayStore #Antitrust #Apps #Monopoly #Developers #Consumers #Innovation
