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Google hit with $3.45 billion antitrust EU fine amid U.S. trade tensions
AlphabetAlphabet(US:GOOG) CNBCยท2025-09-05 16:20

Google was on Friday hit with a 2.95-billion-euro ($3.45 billion) antitrust fine from European Union regulators for anti-competitive practices in its lucrative advertising technology business.The European Commission, which is the executive body of the EU, accused Google of distorting competition in the so-called adtech market by unfairly favoring its own display advertising technology services to the detriment of rival adtech providers, advertisers and online publishers.It also ordered Google to "bring thes ...