New York, April 22, 2016 -- Moody's Investors Service said that The European Commission's (branch of the European Union -- EU) antitrust charges against Alphabet Inc.'s subsidiary, Google Inc., over its Android operating system, is not expected to impact its Aa2 Senior unsecured long-term debt rating, Prime-1 short-term debt rating or the stable outlook. In its formal complaint, the EU stated that Google has breached EU antitrust rules by imposing restrictions on Android device manufacturers and mobile network operators, thereby denying consumers a wider choice of mobile apps and services. This the second charge by the EU against Google in two years following last year's complaint in which the EU accused the company for breaching anti-trust regulations by promoting its own comparison shopping service in its search results, over those of competitors.
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