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Google Hit With $1.7 Billion in Europe for Abusing Advertising Dominance

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Google Hit With $1.7 Billion in Europe for Abusing Advertising Dominance

Google Hit With $1.7 Billion in Europe for Abusing Advertising Dominance

European regulators fined Google $1.7 billion on Wednesday for abusing its dominance in the online advertising business.

According to Gizmodo, the company is accused of imposing restrictive and anti-competitive contracts on its European customers.

Wednesday’s fine marks the end of a trio of European investigations into Google.

EU antitrust commissioner Margrethe Vestager fined Google $5.1 billion last year for using its Android mobile operating system for anticompetitive abuses.

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Google Hit With $1.7 Billion in Europe for Abusing Advertising Dominance

WEDNESDAY, APRIL 26, 2017 FILE PHOTO




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