Google Fined $1.7 Billion in EU for Restricting Rivals’ Ads - News Summed Up

Google Fined $1.7 Billion in EU for Restricting Rivals’ Ads


BRUSSELS—Alphabet’s Google was fined €1.49 billion ($1.7 billion) by the European Union for limiting how some websites could display ads sold by its rivals, the tech giant’s third antitrust penalty from the bloc since 2017. Wednesday’s decision, which is smaller than the total of €6.76 billion ($7.67 billion) levied against Google in two previous decisions, is the last among formal charges the EU’s antitrust regulator has so far filed against the tech giant, drawing to a close at least one part of the nearly decadelong investigation...


Source: Wall Street Journal March 20, 2019 11:15 UTC



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