CNBC·4 min read·medium
Google slapped with $1 billion fine under landmark EU digital law
A
Arjun Kharpal
✦AI Summary
The European Commission has fined Google $1 billion for violating the Digital Markets Act by favoring its own services in search results and restricting app developers. Google has criticized the ruling, claiming it harms product functionality and user experience.
European regulators have fined Google 890 million euros (US$1 billion), alleging the company gives preferential treatment to its own services.
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