European Union fined Google billions

The European Union has fined Google 2.95 billion euros for abusing its dominant position in the online advertising sector. This was reported by Zamin.uz.

According to BBC, the European Commission stated that Google gave preferential treatment to its own products and services in online advertising placement, violating competition laws.

As a result, competitors suffered significant damage, and EU officials ordered the company to stop this practice. Additionally, Google was required to pay the fine, which amounts to approximately 3.5 billion US dollars.

In a statement to the BBC, company representatives said they consider the decision incorrect and announced plans to appeal. They aim to have the matter reviewed within the legal framework.

Former US President Donald Trump reacted sharply to the European Commission's decision on his social media platform. Trump emphasized that American taxpayers would not accept such a fine.

He also stated that he plans to take retaliatory measures against Europe, including imposing trade tariffs. This situation could lead to new conflicts in the international internet market and competitive environment.

The disagreement between the European Union and the United States may have an impact on the global economy and the technology sector.