The European Commission fined Google the equivalent of about $1 billion Thursday for manipulating its search results to hurt competitors and blocking app developers from directing customers to cheaper deals outside its Play store. Why it matters: The penalty lands a day before the White House is expected to impose a new round of tariffs and follows a warning to the EU from U.S. Trade Representative Jamieson Greer to stop imposing fees on U.S. tech companies. Driving the news: The fine is just one half of Thursday's action. The commission also ordered Google to overhaul how it ranks rivals in Search and how it operates its Play store. - These are the first penalties Google has faced under Europe's Digital Markets Act , and the third…
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