'This is a pro-Amazon ruling': Here's what Wall Street is saying about Google's record-breaking $5 billion fine (GOOGL)

Google has been fined a record $5 billion by the European competition watchdog for abusing the dominance of its mobile operating system, Android. The search giant was accused of forcing smartphone makers like Samsung and Huawei to preinstall its services, such as Google Search and Google Maps, on Android. Most Wall Street analysts aren’t concerned about the company’s ability to pay the fine, but say Amazon will benefit the most from the decision. …read more

Source:: Yahoo Finance

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