THENATIONALPULSE (Pulse Wires) - EU Hits Google with €890M Fine for Anti-Competitive Practices.
Google has been fined almost €1 billion (over $1 billion) by the European Union for allegedly favoring its own services over competitors.
The European Union has imposed a multi-million fine on Google under the bloc’s Digital Markets Act, accusing the tech giant of unfairly prioritizing its own services over competitors. PULSE POINTS WHAT HAPPENED: - DETAIL: The European Union (EU) has fined Google €890 million (approximately $1 billion) for allegedly abusing its market dominance to prioritize its apps and other services over competitors. The EU’s fine includes €460 million for Google allegedly prioritizing its own services in search results and €430 million for measures that allegedly prevented users from finding cheaper offers outside Google’s marketplace. The fine was issued under the EU’s Digital Markets Act (DMA). “The best products should succeed…Open