Google Fined $1 Billion by EU Under Digital Markets Act

European regulators have fined Alphabet Inc.'s (GOOGL) subsidiary, Google, €890 million ($1 billion) for allegedly favoring its own services under the European Union's Digital Markets Act. This is Google’s first fine under this landmark legislation aimed at regulating Big Tech in Europe.

By Arjun Kharpal · CNBC ·

Google Fined $1 Billion by EU Under Digital Markets Act

Tickers: $GOOGL

Topics: Digital Markets Act EU regulation Google fine

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