The European Commission said on July 23 that it had fined Google a total of €890 million under the Digital Markets Act, marking the first time the company has been penalized under the law. The decision covers two violations: self-preferencing in search and restrictions tied to app store payments. Of the total, €460 million was linked to Google steering users in search toward its own services, while €430 million addressed conduct that prevented app developers from directing users to cheaper payment options outside the app. The ruling has direct operational implications for crypto exchanges and fintech apps, as developers can now inform users that subscriptions may be completed through a browser to avoid in-app purchase fees. The item was published by Techub and cited CryptoBriefing.
The European Commission said on July 23 that it had fined Google a total of €890 million under the Digital Markets Act, or DMA, over two violations: self-preferencing in search and restrictions on app store payments. It is the first time Google has been penalized for breaking the law.
Of the total, €460 million was tied to Google directing users in search toward its own services. Another €430 million addressed conduct that blocked app developers from steering users to cheaper payment options outside the app.
The ruling has direct operational implications for cryptocurrency exchanges and fintech apps. Developers can now tell users to subscribe through a browser to avoid in-app purchase fees.
The news item was published by Techub, citing CryptoBriefing.
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