The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksVodafone Share News (VOD)

Share Price Information for Vodafone (VOD)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 68.44
Bid: 68.40
Ask: 68.44
Change: 0.62 (0.91%)
Spread: 0.04 (0.058%)
Open: 67.96
High: 68.74
Low: 67.82
Prev. Close: 67.82
VOD Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

UPDATE 3-EU hits Google with second antitrust charge

Wed, 20th Apr 2016 16:30

* EU says Google unfairly pushes own apps with Android

* EU has already charged Google over Internet shopping

* Google faces hefty fines, changes to business model (Adds details)

By Foo Yun Chee

BRUSSELS, April 20 - The European Union charged Google on Wednesday with using its dominant Android mobileoperating system to squeeze out rivals, opening a second frontagainst the U.S. technology giant that could result in largefines.

EU antitrust regulators said that by requiring mobile phonemanufacturers to pre-install Google Search and the Google Chromebrowser to get access to other Google apps, the U.S. company washarming consumers by stifling competition.

The European Commission said such practices, which startedin 2011 when the company became dominant in mobile operatingsystems and app stores, showed Google was seeking to shield itssearch engine, the world's most popular, from competition.

Google is already facing EU charges over the promotion ofits shopping service in Internet searches at the expense ofrival services in a case that has dragged on since late 2010despite three attempts to resolve the issues.

The stakes are higher for Google in the Android case as itmade about $11 billion last year from advertising sales onAndroid phones through its apps such as Maps, Search and Gmail,according to estimates by financial analyst Richard Windsor.

"A competitive mobile Internet sector is increasinglyimportant for consumers and businesses in Europe," EuropeanCompetition Commissioner Margrethe Vestager said in a statement.

"We believe that Google's behaviour denies consumers a widerchoice of mobile apps and services and stands in the way ofinnovation by other players," she said.

The European Commission said about 80 percent of smartmobile devices in Europe and the world run on Android and thatGoogle holds more than 90 percent of the market for generalInternet searches on Android in the European Economic Area.

FINANCIAL INCENTIVES

Google, which has 12 weeks to respond to the charges, saidAndroid was a remarkable system based on open-source softwareand open innovation.

"We look forward to working with the European Commission todemonstrate that Android is good for competition and good forconsumers," Google's general counsel Kent Walker said in a blog.

He said any phone maker could load Google apps and rivalproducts and that users had freedom of choice as well.

Complainant FairSearch said Google was hindering thedevelopment of versions that might lead to new operating systemsable to compete with Android, despite launching it as an opensource project.

The Commission said while Android was an open source systemthat could be used to develop new mobile operating systems -known as Android forks - Google required phone manufacturers tosign an agreement not to sell devices running on such forks ifthey wanted to pre-install Google apps.

The EU also charged Google with giving "significantfinancial incentives" to some of the world's largest smartphonemakers to pre-install Google Search exclusively on devices.

Internet Explorer-browser maker Microsoft Corp declined to comment. Firefox owner Mozilla, Apple whichhas the Safari browser, and Norway's Opera Software were not immediately available to comment.

Vodafone, BT Group's EE, Orange,Deutsche Telekom, KPN, Samsung Electronics and LG Electronics were not immediatelyavailable to comment. Huawei declined to comment.

(Additional reporting by Eric Auchard and Harro ten Wolde inFrankfurt, Se Young Lee in Seoul; writing by Philip Blenkinsop;editing by David Clarke)

More News
2 May 2024 07:03

Swisscom posts steady Q1 profit, says Vodafone Italia deal on track

May 2 (Reuters) - Telecoms group Swisscom reported a slightly lower first-quarter core profit on Thursday, but beat market expectations, as business in its core Swiss and Italian markets continued to develop positively.

Read more
2 May 2024 06:35

Swisscom plans completion of Vodafone Italia takeover in Q1 2025

May 2 (Reuters) - Swiss telecoms group Swisscom said on Thursday its takeover of Vodafone Italia is on track and expected to be completed in the first quarter of 2025.

Read more
16 Apr 2024 08:41

Vodafone appoints SAP's Marika Auramo as CEO of Business arm

(Alliance News) - Vodafone Group PLC on Tuesday said Marika Auramo has been appointed as chief executive of Vodafone Business.

Read more
16 Apr 2024 07:46

Vodafone taps SAP executive to lead business division

(Sharecast News) - Vodafone announced the appointment of Marika Auramo as chief executive of Vodafone Business on Tuesday, effective from 1 July.

Read more
4 Apr 2024 15:58

London close: Stocks manage gains ahead of US payrolls report

(Sharecast News) - London markets closed higher on Thursday, driven by a robust showing from the mining sector and as investors contemplated the UK services sector's latest figures.

Read more
4 Apr 2024 08:47

LONDON MARKET OPEN: Shares rise despite US interest rate unease

(Alliance News) - London's FTSE 100 edged higher on Thursday morning, despite lingering US interest rate worries hanging over equities, while gold notched another record high in earlier trade.

Read more
4 Apr 2024 07:43

LONDON BRIEFING: Vodafone-Three deal faces deeper UK probe

(Alliance News) - London's FTSE 100 is called to open higher on Thursday, despite remarks from Federal Reserve Chair Jerome Powell failing to soothe lingering interest rate worries.

Read more
4 Apr 2024 07:37

CMA to launch in-depth probe into Vodafone's merger with Three

(Sharecast News) - The Competition and Markets Authority said on Thursday that it will launch an in-depth investigation into the planned £15bn merger between Vodafone and CK Hutchison's Three that was announced last year.

Read more
28 Mar 2024 15:05

Directors dealings: Vodafone chairman follows in CFO's steps, buys shares

(Sharecast News) - Vodafone's chairman bought a big batch of shares in the telecommunications outfit just ahead of the Easter break.

Read more
28 Mar 2024 13:54

IN BRIEF: Vodafone Chair Boxmeer buys GBP570,000 in shares

Vodafone Group PLC - Berkshire, England-based telecommunications provider - Chair Jean-Francois van Boxmeer buys 823,500 shares at GBP0.69 each, worth GBP568,215, in London on Wednesday.

Read more
27 Mar 2024 09:40

LONDON BROKER RATINGS: Sainsbury's, Petershill Partners upped to 'buy'

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday:

Read more
26 Mar 2024 11:21

Vodafone Germany to cut 2,000 jobs in revamp

FRANKFURT, March 26 (Reuters) - Vodafone Germany aims to save around 400 million euros ($434.48 million) over the next two years as part of a restructuring that will hit some 2,000 jobs, the company said on Tuesday.

Read more
26 Mar 2024 11:15

UPDATE: Vodafone Germany cuts 2,000 jobs as part of savings programme

(Alliance News) - Vodafone GmbH is cutting and relocating around 2,000 jobs in a bid to save EUR400 million in the next two years, the Dusseldorf, Germany-based subsidiary of Vodafone Group PLC announced on Tuesday.

Read more
26 Mar 2024 10:43

Vodafone Germany: 400-mln-eur restructuring to affect 2,000 jobs

BERLIN, March 26 (Reuters) - Vodafone Germany said on Tuesday that it aims to save around 400 million euros ($434.48 million) over the next two years as part of a transformation programme that will affect some 2,000 jobs.

Read more
26 Mar 2024 10:42

Vodafone Germany cutting 2,000 jobs as part of savings programme

(Alliance News) - Vodafone GmbH is cutting and relocating around 2,000 jobs in a bid to save EUR400 million in the next two years, the Germany, Dusseldorf-based subsidiary of Vodafone Group PLC announced Tuesday.

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.