Alphabet Fined €890 Million ($1 Billion) by EU Over Antitrust Violations
The European Union has fined Alphabet, Google's parent company, €890 million (approximately $1 billion) for two violations of the Digital Markets Act. The penalties relate to preferential treatment given to its own services in search results and restrictions on Android developers redirecting users to alternative payment systems.

Tickers: $GOOGL
Topics: Antitrust Digital Markets Act (DMA) EU Regulation Google