The EU Hits Google With a Third Billion-Dollar Fine. So What?
European officials Wednesday fined Google €1.49 billion ($1.7 billion) for more than a decade of abusive practices in how it brokered online ads for other websites like newspapers, blogs, and travel aggregators. This is the third billion-dollar antitrust penalty levied against Google by the European Commission, which has fined the company more than $9 billion for anticompetitive practices since 2017.
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