US-Europe Tensions Spike with Massive Google Fine
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BTCCSquare news:
The European Union's decision to impose a 2.95 billion euro fine on Google for antitrust violations in its adtech practices has reignited transatlantic tensions. Despite recent efforts to stabilize global markets through tariff agreements, the penalty is viewed by former U.S. President Donald Trump as an economic provocation.
Google's self-preferential advertising practices, deemed harmful to competitors and publishers, mark the tech giant's latest regulatory clash with EU authorities. The European Commission has given Google 60 days to restructure its adtech operations to address conflicts of interest.
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