Alphabet Inc.’s Google was slapped with a European Union antitrust penalty for the third time since 2017 -- this time after being accused of thwarting competition for online ads with its AdSense for Search product.
The European Commission ordered the company to pay about 1.49 billion euros ($1.7 billion). The penalty adds to earlier fines totaling 6.7 billion euros for illegally leveraging its Android mobile phone software and for unfairly favoring its own comparison-shopping service.