EU regulators have fined Google 1.49 billion euros for blocking rival ads
MARCH 20 (Reuters) - European Union regulators have fined Google 1.49 billion euros (about 11.32 billion yuan) for blocking ads from rivals in violation of online search advertising rules.
THE European Union's antitrust regulator on Tuesday imposed a new fine on tech giant Google for unfair competition, AFP reported.
"Today, the European Commission fined Google 1.49 billion euros for illegally abusing its dominant position in the online search advertising market," said Margaret Vistag, the EU's competition commissioner.
Google received a huge fine from the European Union last year for its monopoly. On July 18, 2018, the European Commission's competition commissioner, Margrethe Verstappi, announced at a press conference that Google had illegally used Android's near monopoly to consolidate its market share of search engines and browsers. In response, the European Commission decided to impose a fine of 4.34 billion euros on Google.
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