EU fines Google 1.49 billion euros for restricting ads on third-party sites

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EU fines Google 1.49 billion euros for restricting ads on third-party sites
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BRUSSELS--The European Union on Wednesday fined Alphabet Inc.’s (GOOG) Google EUR1.49 billion ($1.69 billion) for abusing the dominance of its search engine to block competitors in the niche market of selling text ads on the search results that appear on third-party websites.

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