Markets.News
President Donald Trump recently took to social media to criticize the European Union for imposing a $3.5 billion fine on Google, accusing them of unfairly targeting American companies. Trump claimed that in addition to this fine, Google had previously paid $13 billion for false claims and charges, bringing the total to $16.5 billion. The European Commission fined Google approximately $3.46 billion for violating antitrust rules by favoring its own advertising technology services over competitors, advertisers, and online publishers. Trump urged the EU to cease what he views as unjust practices against American companies.