Europe’s Tech Regulation Regime Enters A New Phase

It has been a bruising few weeks in Europe for US tech firms. The latest salvo was two new fines for Google, totaling €890m, making it the third US tech firm fined by the European Union under the Digital Markets Act (DMA) after Apple (€500m) and Meta (€200m). This comes quickly on the heels of the European Court of Justice upholding massive historic fines against Google and Apple. In sum, the EU has now fined US firms €1.59 billion under the DMA. There were fines for Chinese firms ByteDance (€530m), AliExpress (€550m), and Temu (€200m) under the General Data Protection Regulation (GDPR), and fines related to the Digital Services Act (DSA) now total €1.28 billion.