Why Android Phone Prices in Europe Might Start Heading Higher [The Motley Fool]
Alphabet Inc. - Class C Capital Stock (GOOG)
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Source: The Motley Fool
You can’t say Google CEO Sundar Pichai didn’t warn you. Alphabet ( NASDAQ:GOOGL ) ( NASDAQ:GOOG ) subsidiary Google is about to start charging Android manufacturers licensing fees in the European Union, in response to a major antitrust decision from regulators. That could lead to more choice for consumers, but also higher prices after manufacturers pass along those fees. A full transcript follows the video. This video was recorded on Oct. 19, 2018. Dylan Lewis: Why don't we switch gears and talk Android in Europe? We got a recent ruling from the European Commission, basically looking at Google's Android practices and deciding that they are anti-competitive. Evan, do you want to give us the rundown? Evan Niu: The European Commission slapped Google with a pretty massive $5 billion fine, which, of course, they're appealing. That'll make its way through the courts. Maybe they settle, who knows. The issue is, some of the things that Google does with Andr
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