"Alphabet's () () Google will likely be slapped with a second fine under landmark European Union tech regulations in the coming months, with the European Commission currently drafting its decision on the case, Reuters' Foo Yun Chee reports, citing three people with direct knowledge of the matter. The Commission hit Google with a $3.45B fine earlier in September for favoring its online display technology services and reinforcing its ad exchange's central position to the detriment of competitors, the author notes."
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Google is poised to receive a second fine under the European Union's landmark tech regulations in the coming months. The European Commission is drafting its decision and acting on information from people with direct knowledge of the matter. Earlier in September the Commission fined Google $3.45 billion for favoring its online display technology services and reinforcing its ad exchange's central position. Regulators concluded those practices harmed competitors by entrenching Google's dominant role in digital advertising. A second sanction would extend EU enforcement targeting alleged anti-competitive conduct in adtech.
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