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Alphabet (GOOGL) Faces EU Antitrust Fine as Search Self-Preferencing Concerns Persist

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The Story

News Summary

  • The EU is set to fine Google next year for allegedly favoring its own services in search rankings, violating the Digital Markets Act.
  • Despite Google’s proposed changes, regulators remain unsatisfied, risking a penalty of up to 10% of global revenue.
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GOOGL price history

344.98 +8.10% over the displayed period

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