Trump Threatens Retaliation Over EU Google Antitrust Fines

1 min read
Source: Euronews.com
Trump Threatens Retaliation Over EU Google Antitrust Fines
Photo: Euronews.com
TL;DR Summary

US President Trump threatened retaliation after the EU fined Google €2.95 billion for abusing its dominant position in advertising technology, calling the fine unfair and considering Section 301 tariffs. The EU's investigation found Google favored its own ad services, and this is the fourth major fine against Google by Brussels. Google plans to appeal, while EU officials consider structural remedies like selling parts of its adtech business to curb its monopoly. The case highlights ongoing tensions between the US and EU over tech regulation and antitrust issues.

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