EU Hits Google with €890 Million Fine
GOOG Alphabet Inc
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View chart & analysis → - 1The EU has imposed a fine of €890 million (approximately $1 billion) on Google for violating antitrust laws.
- 2The penalty consisted of €460 million for self-preferencing of its own services and €430 million for restricting app developers from directing users to external payment options.
- 3If Google fails to implement corrections within 60 days, additional fines could be imposed, raising concerns about escalating tensions with the United States.
Source AFP · View original ↗
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