EU Court Upholds €4.1 Billion Fine Against Google

The European Union's highest court has upheld a €4.1 billion antitrust fine imposed on Google for competition violations related to its Android operating system. The ruling rejected the company's final appeal, making the penalty definitive. The court found that Google unfairly promoted its own apps and services on the Android platform to the detriment of competitors, constituting a breach of EU competition rules. The confirmation of the fine is seen as a reflection of the EU's strict oversight policy toward tech giants. Google stated it would take the necessary steps to comply with the ruling. This is not investment advice.

📊 GOOGL — Piyasa Yorumu

▼ down · 60%

The EU court's €4.1 billion fine on Google could create short-term negative pressure on the stock. However, since the fine amount is not large relative to Google's cash flow, the impact may be limited. On technical indicators, the RSI is at 58, in neutral territory, while the MACD remains below the signal line. Therefore, although a downward trend exists, excessive selling should not be expected.

RSI 14

58.1

MACD

1.89

24h Δ

1.92%

📊 GOOG — Piyasa Yorumu

▼ down · 60%

The European Union court's €4.1 billion fine on Google represents a significant legal and financial burden for the company. This news could pressure the stock in the short term. Technical indicators are sending mixed signals: the RSI is in neutral territory, while the MACD remains below its signal line. Although the price is above the 20- and 50-day moving averages, the fine raises the risk of these support levels being tested. Overall, the negative news flow may increase selling pressure in the near term.

RSI 14

56.4

MACD

1.56

24h Δ

1.43%

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