TechHighConfirmed
10.0
EU fines Google €890mn for Digital Markets Act violations regarding search and app store practices
bne IntelliNews·EU · US·about 12 hours ago
The European Commission has fined Google 890 million euros for Digital Markets Act violations involving its search engine and Play Store. In response, 25 U.S. Republican lawmakers are pressuring the Trump administration to impose retaliatory customs duties, signaling a potential escalation in transatlantic trade tensions.
Locations
Entities
The United States has implemented new tariffs on approximately 60 countries, marking a significant shift toward protectionist trade policy. The move has sparked retaliatory measures from countries such as Brazil, which has activated its Reciprocity Law. Confidence is high that trade tensions will continue to escalate, but the specific scope and impact of the tariffs remain uncertain.