Updated at 9:15 a.m. ET
The European Commission has fined Google $5 billion for violating the European Union's antitrust rules — specifically, by forcing manufacturers of Android phones to install the Google search app and the Chrome Web browser.
"Google has used Android as a vehicle to cement the dominance of its search engine," Commissioner Margrethe Vestager said in a statement. "These practices have denied rivals the chance to innovate and compete on the merits."