Google Board Hit With Suit Over EU Android Antitrust Woes
Law360, Los Angeles (May 25, 2016, 7:09 PM EDT) -- Google’s holding company board was hit with a shareholder derivative suit Tuesday in California state court accusing company leadership of violating European antitrust laws and breaching fiduciary duties to investors with its restrictive Android licensing terms.
Shareholder Robert Jessup’s suit against Larry Page and the board of Alphabet Inc., Google Inc.’s parent, in in San Mateo County court comes about a month after the European Commission formally accused the company of violating competition laws by putting restrictive licensing conditions on phone manufacturers that use the Android operating system, court records show.
Alphabet’s board has known since at least November 2010 that...
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