BREAKING: Google Hit With Major Fine Over Ad Blocking

WSJ.com:

BRUSSELS—The European Union fined Alphabet Inc.’s Google €1.49 billion ($1.7 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.

Wednesday’s decision is the last among three sets of formal charges that the European Commission, the bloc’s antitrust regulator, has so far filed against the tech giant, drawing to a close at least one part of the nearly decadelong investigation into the tech giant.

The article goes on to state the following:

“Google has cemented its dominance in online search adverts and shielded itself from competitive pressure by imposing anticompetitive contractual restrictions on third-party websites,” said Margrethe Vestager, the EU’s antitrust chief. “This is illegal under EU antitrust rules,” she added.

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