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EU prepares record DMA fine against Google over search dominance


EU prepares record DMA fine against Google over search dominance

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The EU is reportedly poised to levy a high triple-digit million euro fine against Alphabet under the Digital Markets Act for favoring its own services in search, Handelsblatt reported Monday. The decision increases regulatory scrutiny of major digital platforms and could disrupt crypto marketing and discovery channels, raising compliance and adoption risks for crypto firms, CEXs, DEXs and DeFi projects.

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Google is now staring at yet another European Union antitrust hit, and this one could be the bloc’s biggest Digital Markets Act penalty yet. German newspaper Handelsblatt reported Monday that Brussels is close to fining Alphabet (NASDAQ: GOOG, GOOGL) a high triple-digit million euro amount over the way Google shows its own services inside search...
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