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The Nexus
BUSINESSJul 23 · 12:03 UTCSEMAFORTom Chivers

EU slaps Google with record $1 billion antitrust fine

The EU imposed a €890 million ($1 billion) antitrust fine on Google for illegally favoring its search services and blocking cheaper alternatives, prompting the European Commission to demand fair treatment of third-party services. The decision risks straining EU-US relations amid potential new US tariffs and an existing levy cap.

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