Google hit with $1 billion fine for breaking EU antitrust rules
The European Union fined Alphabet, Google's parent company, €890 million (about $1 billion) for violating the Digital Markets Act by favoring its own services in search results and restricting alternative payment options for Android developers. The penalties include €460 million for preferential treatment of Google Shopping, Hotels, and Flights, and €430 million for Play Store rules that hindered developers. This decision follows a two-year investigation into Google's compliance with EU regulations.