Google hit with $3.45 billion antitrust EU fine amid U.S. trade tensions
AlphabetAlphabet(US:GOOG) CNBC·2025-09-05 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 ...

Alphabet-Google hit with $3.45 billion antitrust EU fine amid U.S. trade tensions - Reportify