European regulators could hit Google with large fines if the company does not stop offering financial incentives to smartphone manufacturers to pre-install its own apps on handsets. Documents obtained by Reuters show that a potential fine could be linked to the revenue Google makes from AdWords. With advertising being Google's primary source of income, this has the potential to be a fine of unparalleled magnitude. The European Commission knows that it needs to hit Google where it hurts if anticompetitive practices are to be effectively discouraged. The Commission says it "intends to set the fine at a level which will… [Continue Reading]
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