EU anti-trust regulators fine Google €1.49billion for blocking rival advertisers

Google Inc.jpg
The Google logo is pictured at the entrance to the Google offices in London, Britain.

EU anti-trust regulators handed down a 1.49 billion euro (an equivalent of $1.69 billion) fine to Alphabet unit Google on Wednesday for blocking rival online search advertisers, marking the company’s third penalty in two years.

Last year, the EU competition enforcer imposed a record 4.34 billion euro fine on Google for using its popular Android mobile operating system to block rivals. This followed a 2.42 billion euro fine in 2017 for hindering rivals of shopping comparison websites.

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