I don't think this is accurate. What Google is doing is making the whole ecosystem depend on Google's approval to be allowed to work.
In this case, they seem to be claiming they're just doing real-time checking of processes as they run (presumably stuff like checksuming loaded libraries, looking for memory overruns, etc.), and so detecting certain signs of malware or system corruption.
To be honest, based on the announcement it sounds completely unnecessary, but I don't think they're at all doing what Google is doing.