EU Fines Google €2.95 Billion; Trump Threatens Retaliation

The European Commission has imposed a 2.95 billion euro fine on Google for abusing its dominant position in the advertising technology market. The EU demands that the company cease its anti-competitive practices within 60 days. Trump has described this decision as "unfair" and threatened to launch an investigation against the EU. Google intends to appeal the decision, while publishers are demanding the sale of part of the company's business to limit the monopoly.