Following the $3.45 billion fine, Google may face further heavy fines from the EU due to its search business
According to foreign media reports on Thursday, Google may face a second fine from the European Union in the coming months for violating the EU's landmark technology regulations, as the European Commission is currently drafting a related ruling. Earlier this month, the European Commission imposed a fine of $3.45 billion (approximately €2.95 billion) on the tech giant in a case related to online advertising technology. This new fine is related to allegations made in March of this year, which claimed that Google favored its own vertical search engines (such as Google Shopping, Google Flights, and Google Hotels) over competing products. These cases against Google are based on the EU's Digital Markets Act. Sources revealed to the media that if Google can propose an improved solution, it may avoid this fine. The sources also indicated that considering the Trump administration's criticism of the EU's crackdown on large tech companies and the current trade tensions between the US and Europe, the European Commission is not in a hurry to conclude this case
According to reports from foreign media citing three sources on Thursday, Google (GOOGL.US) may face a second fine from the European Union in the coming months for violating the EU's landmark technology regulations, with the European Commission currently drafting a related ruling.
Earlier this month, the European Commission imposed a fine of $3.45 billion (approximately €2.95 billion) on the tech giant in a case related to online advertising technology.
This new fine is related to allegations made in March of this year, which claimed that Google favored its own vertical search engines (such as Google Shopping, Google Flights, and Google Hotels) over competing products.
These cases against Google are brought under the EU's Digital Markets Act. Sources revealed to the media that if Google can propose an improved solution, it may avoid this fine.
The sources also indicated that considering the Trump administration's criticism of the EU's crackdown on large tech companies and the current trade tensions between the US and Europe, the European Commission is not in a hurry to conclude this case
