EU plans to fine Google high triple-digit million euro sum, Handelsblatt reports

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EU plans to fine Google high triple-digit million euro sum, Handelsblatt reports

A woman passes by a google themed barrier in front of a google data center on November 30, 2020 in Fredericia, Denmark. (Photo by Frank Cilius / Ritzau Scanpix / AFP) / Denmark OUT (Photo by FRANK …

A woman passes by a google themed barrier in front of a google data center on November 30, 2020 in Fredericia, Denmark. (Photo by Frank Cilius / Ritzau Scanpix / AFP) / Denmark OUT (Photo by FRANK CILIUS/Ritzau Scanpix/AFP via ) Frank Cilius | Afp | The European Union is planning to fine Alphabet's Google a high triple-digit million euro amount as part of an antitrust investigation, Germany's Handelsblatt newspaper reported on Monday, citing commission sources. The decision is nearing completion and is expected to be announced before the summer break, the paper said, adding it would be the largest penalty the EU has imposed for a breach of its Digital Markets Act (DMA), which aims to curb the power of big tech companies. The investigation, which was officially launched in March 2025, relates to concerns that Google favors its own services in search results and seeks to ensure the world's most popular internet search engine complies with local regulation. The Commission is more interested in securing compliance rather than imposing penalties, spokesperson Thomas Regnier said in an emailed statement. "Even with our negotiations on future solutions, we will not hesitate to move to the next steps as soon as possible," he added. Google has criticized the impact of the EU's rules on its search product and said it is keen to resolve the case. …

Original source: CNBC Top News

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Google · Germany · Denmark · Alphabet · European Union · European Commission