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The Nexus
BUSINESSJul 27 · 02:00 UTCPOLITICO EUROPESam Clark, Pieter Haeck, Ellen O'Regan, Jacob Parry

Cold calculation or plucked from thin air? How the EU determines those big fines against Big Tech

The EU imposes fines on Big Tech companies, such as Google’s €890 million penalty for breaching the Digital Markets Act and Alibaba’s €550 million fine for illegal product sales. Fines under competition law use a percentage of annual sales, while regulatory laws like the DMA aim to incentivize compliance with lower penalties.

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Cold calculation or plucked from thin air? How the EU determines those big fines against Big Tech · The Nexus