Google hit with $3.5 billion fine from European Union in ad-tech antitrust case
LONDON, Sep 5 : European Union regulators on Friday hit Google with a 2.95 billion euro ($3.5 billion) fine for breaching the bloc’s competition rules by favouring its own digital advertising services, marking the fourth such antitrust penalty for the company as well as a retreat from previous threats to break up the tech giant. The European Commission, the 27-nation bloc’s executive branch and top antitrust enforcer, also ordered the US tech giant to end its “self-preferencing practices” and take […]
