
Alphabet Inc’s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google suffered its second setback in Europe in less than a year as the European Union’s top court agreed with the bloc’s antitrust regulators on Wednesday.
What Happened: Google lost its battle to topple a landmark 4.3 billion euro ($4.3 billion) fine imposed by the antitrust watchdog on the tech giant after the General Court agreed that the company had abused its dominance. However, it trimmed the fine by 5% because of a disagreement on one point.