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Google hit with US$1B fine as EU says app store, search stifles competition

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Google hit with US$1B fine as EU says app store, search stifles competition
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The European Union on Thursday hit Google with a fine of 890 million euros ($1 billion) after it said the technology behemoth broke digital antitrust regulations by setting up Google Play and its ubiquitous search engine to corral consumers towards its own services and apps to the detriment of competitors. It was the latest major crackdown on Big Tech by Brussels, which has led the world in reining in some of the world’s largest companies from Silicon Valley to Beijing.It has done so despite the risk of incurring the wrath of U.S. Get breaking National news Get breaking Canada news delivered to your inbox as it happens so you won't miss a trending story.

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Global News
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The European Union on Thursday hit Google with a fine of 890 million euros ($1 billion) after it said the technology behemoth broke digital antitrust regulations by setting up Google Play and its ubiquitous search engine to corral consumers towards its own services and apps to the detriment of competitors. It was the latest major crackdown on Big Tech by Brussels, which has led the world in reining in some of the world’s largest companies from Silicon Valley to Beijing.It has done so despite the risk of incurring the wrath of U.S.

Excerpt limited to ~120 words for fair-use compliance. The full article is at Global News.

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