Due to Monopoly and Consumer Steering: European Penalty of 890 Million Euros Against Google
The European Commission has issued a decision to impose new financial sanctions totaling 890 million euros on the American technology giant Google, for violating regulatory rules concerning digital markets in the European bloc.
European regulators clarified that the fine is divided into two parts: the first part amounts to 460 million euros due to the company's search engine granting preferential treatment and advantages to its own services (such as shopping, hotels, and travel) at the expense of competing services in search results.
The second part is estimated at 430 million euros, related to violations associated with the app store Google Play, for imposing restrictions that prevent app developers from directing users to cheaper offers or payment options outside the Google platform.
This decision comes at a sensitive time when transatlantic pressures are rising and mutual threats of tariffs from the U.S. administration led by Donald Trump against European tax and regulatory policies targeting major tech companies are increasing.
Brussels has given Google a 60-day deadline to comply and amend its practices, otherwise it will face daily periodic fines that could reach 5% of its total global sales.
For its part, Google criticized these measures, with the company's Global Affairs President, Kent Walker, stating that these restrictions harm product design and the experience of European users and do not reflect fair competition.
The European Commission has issued a decision to impose new financial sanctions totaling 890 million euros on the American technology giant (Google), following violations of regulatory rules concerning digital markets in the European bloc.
The European regulatory authorities clarified that the fine is divided into two parts; the first part amounts to 460 million euros due to the company's search engine granting preferential treatment and advantages to its own services (such as shopping, hotels, and travel) at the expense of competing services in search results.
The second part is estimated at 430 million euros, related to violations associated with the app store (Google Play), for imposing restrictions that prevent app developers from directing users to cheaper offers or payment options outside the Google platform.
This decision comes at a sensitive time when transatlantic pressures are rising and mutual threats of tariffs from the U.S. administration led by Donald Trump against European tax and regulatory policies targeting major tech companies are increasing.
Brussels has given (Google) a 60-day deadline to comply and amend its practices, or it will face daily periodic fines that could reach 5% of its total global sales.
For its part, (Google) criticized these measures, with the company's Global Affairs President, Kent Walker, stating that these restrictions harm product design and the experience of European users and do not reflect fair competition.
Original source: Okaz
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