BUSINESSPOLITICO EUROPE
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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