EU to Charge Google Over Alleged Digital Markets Act Violations

GuruFocus.com
02-21

EU antitrust regulators are preparing to charge Google (NASDAQ:GOOG) for allegedly breaching the Digital Markets Act (DMA), after the company's proposed changes to its search results failed to ease regulators' and rivals' concerns, sources told Reuters.

    The European Commission, which launched its investigation into Google's practices in March last year, is focusing on whether the company favors its own serviceslike Google Shopping, Google Flights, and Google Hotelsover competitors in search results. The upcoming charges will specifically target this issue, sources said.

    A separate probe examines whether Google restricts app developers from informing users about alternative offers outside the Google App Store for free.

    The charges could mark another major regulatory challenge for Google in Europe, as the EU continues its efforts to curb Big Tech's dominance in digital markets.

    This article first appeared on GuruFocus.

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