Ignoring Trump threats, Europe hits Google with 2.95B euro fine for adtech monopoly

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Google may have escaped the most serious consequences in its most recent antitrust fight with the US Department of Justice (DOJ), but the European Union is still gunning for the search giant. After a brief delay, the European Commission has announced a substantial 2.95 billion euro ($3.45 billion) fine relating to Google’s anti-competitive advertising practices. This is not Google’s first big fine in the EU, and it probably won’t be the last, but…



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Ignoring Trump threats, Europe hits Google with 2.95B euro fine for adtech monopoly


Google may have escaped the most serious consequences in its most recent antitrust fight with the US Department of Justice (DOJ), but the European Union is still gunning for the search giant. After a brief delay, the European Commission has announced a substantial 2.95 billion euro ($3.45 billion) fine relating to Google’s anti-competitive advertising practices. This is not Google’s first big fine in the EU, and it probably won’t be the last, but…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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