EU fines Google $3.5 billion for ad tech antitrust violations

1 min read
Source: The Verge
EU fines Google $3.5 billion for ad tech antitrust violations
Photo: The Verge
TL;DR Summary

The European Commission fined Google €2.95 billion ($3.5 billion) for abusing its dominant position in advertising technology, ordering the company to submit a plan within 60 days to address its alleged anticompetitive practices, with potential remedies including divestiture of parts of its ad tech business.

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