EU fines Google $1.7 billion for abusing online ads market
BRUSSELS — European Union regulators have hit Google with a 1.49 billion euro ($1.68 billion) fine for abusing its dominant role in online advertising.
It's the third time the commission has slapped Google with an antitrust penalty, following multibillion-dollar fines resulting from separate probes into two other parts of the Silicon Valley giant's business.
The EU's competition commissioner, Margrethe Vestager, announced the results of the long-running probe of Google's AdSense advertising business at a news conference in Brussels on Wednesday.
"Today's decision is about how Google abused its dominance to stop websites using brokers other than the AdSense platform," Vestager said.
https://www.msn.com/en-us/money/companies/eu-fines-google-dollar17-billion-for-abusing-online-ads-market/ar-BBV02O8
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