The European Union is planning to fine Alphabet's (GOOGL.O), Google a high triple-digit million euro amount as part of an antitrust investigation, Germany's Handelsblatt newspaper reported on Monday, citing commission sources.
The decision is nearing completion and is expected to be announced before the summer break, the paper said, adding it would be the largest penalty the EU has imposed for a breach of its Digital Markets Act (DMA), which aims to curb the power of big tech companies.