Google fined €2.95bn by EU for abusing advertising dominance

The EU has fined Google €2.95bn (£2.5bn) for abusing its dominance in online advertising by favouring its own ad exchange, AdX, over rivals, BBC reported. Regulators said the practice raised costs for competitors and cut publishers’ revenues.

Google called the decision “wrong,” vowed to appeal, and argued it would harm European businesses.

President Donald Trump condemned the ruling as “very unfair” and threatened tariffs in response, accusing the EU of targeting US companies.

The case adds to growing global scrutiny of Google’s dominance in digital advertising, according to BBC.