Google, Facebook could face big fines under new UK competition rules

Google, Facebook could face big fines under new UK competition rules

This photograph taken on September 28, 2017, shows a smartphone being operated in front of GAFA logos (acronym for Google, Apple, Facebook and Amazon web giants) as background in Hédé-Bazouges, western France.

Damien Meyer | AFP | Getty Images

LONDON — Britain’s antitrust watchdog threatened on Tuesday to impose heavy fines on big tech companies if they fall foul of new competition rules.

Google, Facebook and other firms of “strategic market status” could face fines of up to 10% of their…


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