Cold calculation or plucked from thin air? How the EU determines those big fines against Big Tech

AI Summary

The European Union imposed hefty fines on tech giants Google and Alibaba within the same week, sparking questions from US and Chinese authorities about the criteria for determining these penalties. This development highlights the growing regulatory scrutiny of Big Tech in the EU.

A hefty EU fine against Google and one against Alibaba in the same week have both U.S. and Chinese authorities asking how these penalties are determined.