Google now lists $10.5B in EU fines as a regular expense in its reports

Cryptopolitan
2025.12.26 22:15
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Google's latest quarterly filing reveals that it now lists $10.5 billion in EU fines as a regular expense, highlighting how such penalties have become routine for major U.S. tech firms in Europe. The fines cover issues related to ads, Android, and AI. This financial burden exceeds the tax contributions of European tech companies, indicating a growing revenue stream for the EU. The situation has led to political tensions between the EU and the U.S., with accusations of discriminatory practices against American firms.