Google Hit with $1 Billion Fine for Breaking EU Antitrust Rules The European Union has imposed a record breaking fine of €890 million on Alphabet, Google's parent company, for violating antitrust rules.
This penalty is not just a slap on the wrist but a deliberate attempt by regulators to reclaim control in the digital market.
The Digital Markets Act (DMA) was designed to prevent companies from giving preferential treatment to their own products and stifling competition.