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Benzinga
Benzinga
Business
Namrata Sen

Google's Antitrust Woes Deepen As EU Ruling Sparks Potential $10 Billion Legal Threat: Report

Google European Union Nasdaq United States Alphabet Europe View
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Alphabet Inc.-owned (NASDAQ:GOOG) (NASDAQ:GOOG) Google’s years-long regulatory fight in Europe has intensified after its first defeat under the EU’s new digital competition rules, clearing the way for private damages claims that could total as much as $10 billion.

Google faces mounting legal risks after receiving a $1 billion Digital Markets Act (DMA) fine for favoring its own services and restricting app developers from directing users to cheaper payment options outside Google Play.

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