Mar
20
Google slapped with $1.7 billion fine from European regulators
Posted in: Uncategorized
The European Union continues to target Google, fining it roughly $1.7 billion on Wednesday for violating antitrust laws.
It’s the third time that Google has been slapped with a fine from E.U. regulators, bringing the total overall figure to roughly $9 billion, with all three violations spearheaded by European Competition Commissioner Margrethe Vestager.
Google was fined “for illegal practices in search advertising brokering to cement its dominant market position,” Vestager said on Twitter. “They shouldn’t do that it denied consumers choice, innovative products and fair prices.”
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