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Google, X next targets as Europe remains tough
Gulf Today
|April 24, 2025
Alphabet’s Google and Elon Musk’s X may be the next to face fines from European regulators, as they stay tough on Big Tech despite concerns of retaliatory US tariffs, according to three sources with direct knowledge of the matter.
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EU antitrust regulators on Wednesday imposed the first penalties under landmark EU legislation aimed at curbing the power of Big Tech, doling out total fines of 700 million euros ($797 million) to Apple and Meta for violating the Digital Markets Act (DMA) and orders to stop anti-competitive practices.
US President Donald Trump has taken issue with the new rules, believing they amount to a tariff on US companies. But EU antitrust chief Teresa Ribera dismissed fears that she may cave to US pressure and soften enforcement of the rules. The EU's determination to press ahead with the fines raises a question over possible retaliatory action by the US, according to the International Association of Privacy Professionals.
This story is from the April 24, 2025 edition of Gulf Today.
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