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Market Chatter: EU to Reportedly Fine Google Over Antitrust Issues

MT Newswires·07/15/2026 07:57:23
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07:57 AM EDT, 07/15/2026 (MT Newswires) -- The European Commission is expected to fine Alphabet's (ABEA.F) Google over two antitrust issues as early as next week, London's Financial Times reported Wednesday, citing people familiar with the move and the commission's internal documents. The first case centers on allegations that the tech giant favored its own specialized services, including shopping and travel, in search results. The second case concerns whether the company has provided Play Store app developers sufficient freedom to direct users to alternative app systems, the report noted. The sources told the publication that the fines, which could be in the hundreds of millions of euros, might include daily penalty payments and new regulatory orders under the Digital Markets Act. Google and the European Commission did not immediately respond to requests for comment from MT Newswires. (Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)