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Business

EU Fines Google $1 Billion Over Search Practices

European regulators have fined Google approximately $1 billion (890 million euros) for allegedly favoring its own services in search results. The penalty comes under the European Union's landmark digital law, which aims to ensure fair competition in the digital market. The EU accused the tech giant of anti-competitive business practices, claiming it gives preferential treatment to its own offerings over those of rivals. This fine adds to a series of regulatory actions against major technology companies in Europe. The decision arrives at a time of heightened tensions over trans-Atlantic trade. Google has not yet publicly responded to the allegations. The fine reflects growing efforts by EU regulators to curb the dominance of big tech firms and enforce stricter rules on digital market behavior.

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