business
EU Fines Google €890 Million Over Competition Rules
Archived — last updated
The European Union has imposed fines of €890 million on US tech giant Google for violating EU digital regulations. The European Commission found that Google had given preference to its search engine and app store in ways that unfairly…
Latest updates
EU Fines Google €890 Million Over Competition Rules
The European Union has imposed fines of €890 million on US tech giant Google for violating EU digital regulations. The European Commission found that Google had given preference to its search engine and app store in ways that unfairly harmed competition. The fine is the largest imposed on Google by the EU. Google has been under investigation by the EU for several years. The commission's decision is a significant blow to Google's business model.
Sources
AI-assisted summary of the reporting above. Quotes are kept to one sentence. Copyright concern? See our DMCA takedown page.
Topics
Related stories
EU Industrial Accelerator Act risks hurting auto suppliers in Turkey and Morocco
EU's new Industrial Accelerator Act risks hurting auto suppliers in Turkey and Morocco by restricting subsidies to European-made vehicles.
US sanctions target Iran's rail sector as Tehran shifts cargo to overland corridors
US sanctions target three Iranian railway companies and related automakers as Tehran shifts cargo to overland corridors.
Volkswagen posts €5.86 billion operating loss in Q3
Volkswagen Group posted a 5.86 billion euro operating loss in Q3 due to Porsche writedowns and China demand drops.