Source: CNBC
“European regulators have fined Google 890 million euros ($1 billion), alleging the company gives preferential treatment to its own services. The fine is Google’s first under the European Union’s sweeping Digital Markets Act (DMA) which aims to scrutinize Big Tech’s operating practices in Europe. Shares of Google-parent Alphabet were around 4% lower in premarket trading, but that primarily reflected investor unease over rising AI spending outlined in the company’s earnings report on Wednesday. The European Commission, the EU’s executive arm, said it found that Google gives preferential treatment to its own services, such as shopping and hotels, over those of third parties in search.” (07/23/26)
https://www.cnbc.com/2026/07/23/google-1-billion-eu-fine-dma.html