EU Fines Google Record $1 Billion, First Under Landmark Rules

Alphabet's Google was fined a total of €890 million ($1 billion) on Thursday for flouting European Union rules aimed at reining in the power of Big Tech, the European Commission said.

However, the U.S. tech giant is likely to avoid fresh fines as EU regulators lauded good progress in its ongoing efforts to comply with the landmark legislation.

The fines underscored Europe's determination to prevent Big Tech companies from thwarting rivals, defying U.S. criticism and retaliatory tariff threats.

Google has 60 days to comply with the Commission's orders to treat rivals in a fair and non-discriminatory manner and to allow app developers to steer users away from its app store.

It criticized the EU findings and said it might take the Commission to court.