[Google Fined $1.02 Billion for Violating EU Tech Antitrust Rules] According to Jinshi News, the European Union has imposed a total fine of $1.02 billion on Google (GOOG.O) under tech antitrust regulations. The European Commission stated on Thursday that Google has favored its own services on its widely used search engine and imposed restrictions on app developers, preventing them from freely directing users to services outside of the Play Store. Kent Walker, Google's President of Global Affairs, said: 'The implementation of EU tech regulations is continuously undermining everyday products. To comply with the rules, we have had to cancel real-time search features loved by Europeans—such as instant price checks and direct booking services for hotels, flights, and restaurants—and weaken security measures on Google Play.'