"The EU on Friday slapped Google with a massive 2.95 billion euros ($3.47 billion) antitrust fine for favoring its own advertising services, drawing a furious rebuke from President Donald Trump and a threat of fresh tariffs against Europe. Trump, who has threatened to go after Europe for its rules on the digital market and content policing, lashed out at the decision, which brings Google's total EU liabilities to nearly 10 billion euros."
""Very unfair, and the American taxpayer will not stand for it!" Trump said on his Truth Social network, a day after hosting top tech leaders including Google CEO Sundar Pichai at the White House. "As I have said before, my Administration will NOT allow these discriminatory actions to stand," he added, warning that if the fine is confirmed, he will launch proceedings to impose tariffs as retaliation."
The European Commission fined Google €2.95 billion for favoring its own advertising services and ordered the company to end self-preferencing and resolve conflicts of interest. Google vowed to appeal the ruling and faces nearly €10 billion in total EU liabilities. The Commission said the firm distorted competition across the 27-nation bloc, harming publishers, advertisers and consumers. President Donald Trump sharply criticized the penalty, calling it unfair and threatening retaliatory tariffs if the fine is upheld. The dispute adds to broader US-EU trade tensions, including unresolved car-tariff negotiations from a July trade deal.
Read at us.afpnews.com
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