Google Fined $1 Billion by EU, Engages in Talks to Avoid Further Penalties
Google has been hit with a $1 billion fine by the European Union and is engaged in "constructive" talks to avoid additional penalties. The fine is related to antitrust concerns within the EU.
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Google hit with $1 billion EU fine, in ‘constructive’ talks to avoid more penalties
Read full article →Google hit with $1bn EU fine, in 'constructive' talks to avoid more penalties
Alphabet’s Google was fined a total of €890 million ($1 billion) on Thursday for flouting European Union rules aimed at reining in the power of Big Tech, the European Commission said. However, the US tech giant is likely to avoid fresh fines as EU regulators lauded good progress in its ongoing efforts to comply with the landmark legislation. The fines underscored Europe’s determination to prevent Big Tech companies from thwarting rivals, defying US criticism and retaliatory tariff threats. On...
By none@none.com (Reuters)
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