EU Fines Google Billions; Trump Calls Move “Unfair” to U.S. Firms
EU Hits Google With Record Antitrust Penalty The European Commission fined Google an incredible €2.95 billion, or around $3.5 billion, for abusing its hegemony in the online advertising industry. Regulators in Brussels said the tech giant unfairly favored its own ad services, squeezing out rivals and undermining fair competition. Google…