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International Business Times
International Business Times
Business

EU Hits Google With EUR2.95 Bn Fine Despite Trump Threats

European Union Google Donald Trump United States Euro Alphabet
The EU went ahead with the 2.95 billion euro antitrust fine despite warnings by President Donald Trump not to target US tech firms (Credit: AFP)

The EU slapped Google with a massive 2.95 billion euro ($3.47 billion) antitrust fine for favouring its own advertising services Friday, despite President Donald Trump's warnings not to target US big tech.

Google immediately vowed to appeal the decision by the European Commission, which accused the US firm of distorting competition in the 27-nation bloc.

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