The European Commission fined Alphabet/Google EUR 890 million (~$1 billion) for breaching the EU Digital Markets Act (DMA), marking its first penalties under the new rules. The DMA is intended to curb the power of major gatekeepers, making this a significant regulatory setback that could increase compliance costs and constrain platform practices. Expect pressure on affected business lines and heightened regulatory scrutiny.
The European Commission fined Alphabet/Google EUR 890 million (~$1 billion) for breaching the EU Digital Markets Act (DMA), marking its first penalties under the new rules. The DMA is intended to curb the power of major gatekeepers, making this a significant regulatory setback that could increase compliance costs and constrain platform practices. Expect pressure on affected business lines and heightened regulatory scrutiny.
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