Google Fined $1.7 Billion Over Advertising Market Abuse

  • Latest fine brings EU total to $9.3 billion in Google cases
  • EU’s Vestager hints at less risk of new fines over compliance
EU Competition Commissioner Margrethe Vestager sets out the reasons for the $1.7 billion fine.Source: Bloomberg
Lock
This article is for subscribers only.

Alphabet Inc.’s Google was fined 1.49 billion euros ($1.7 billion) by the European Union for thwarting advertising rivals, a penalty that may be EU antitrust chief Margrethe Vestager’s third and final attack on the U.S. tech giant.

It brings the total Google has been ordered to pay to 8.2 billion euros in EU antitrust probes that have run for nearly a decade and taken aim at the company’s popular software for Android phones and searches related to shopping.