Report: The European Union intends to impose a record fine on Google for monopolistic practices.

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Alphabet Inc. Class A

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- The European Union plans to fine Alphabet's Google hundreds of millions of euros as part of an antitrust investigation, the German newspaper Handelsblatt quoted European Commission sources as saying.

The newspaper said the decision is about to be issued and is expected to be officially announced before the summer holidays, adding that the fine would be the highest ever imposed by the European Union for violating the new digital markets law.

The investigation, which officially began in March 2025, concerns concerns that Google favors its own services in search results and seeks to ensure that the world's most popular search engine complies with local regulations.

Commission spokesman Thomas Regnier said in an emailed statement that the Commission was more interested in finding future solutions for compliance with Google rather than "just imposing a fine".

He added, "Even as we negotiate future solutions, we will not hesitate to move to the next steps as soon as possible."

No comment has yet been obtained from Google.

The European Commission said this month that it had given Google more time to allay concerns after a previous proposal from the company failed to do so.