The European Union is planning to impose a fine in the high triple-digit millions of euros on Google as part of an antitrust investigation, according to a report by German business newspaper Handelsblatt.

The decision is nearing completion and is expected to be announced before the European summer break, the report indicated. The fine would represent the latest in a series of regulatory actions by EU authorities against major technology companies.

Google has faced multiple antitrust investigations in Europe over the past decade, with regulators examining various aspects of the company's business practices. The EU has previously imposed significant fines on the tech giant for alleged anticompetitive behavior.

The specific details of the current investigation leading to the planned fine were not disclosed in the report. European regulators have not officially confirmed the timeline or amount of any pending enforcement action.

This development comes as EU authorities continue to scrutinize the business practices of major technology companies under European competition law. The potential fine would add to Google's regulatory costs in the European market, where it has faced increased oversight of its dominant market position in various digital services.