Investing.com — Alphabet’s Google is expected to receive an antitrust fine from the European Union related to its adtech practices on Friday, according to Reuters, citing three sources with direct knowledge of the matter.
The European Commission had initially scheduled to issue the modest fine on Monday. However, the plan was delayed due to opposition from EU trade commissioner Maros Sefcovic, who raised concerns regarding U.S. tariffs on European cars, according to people familiar with the situation.
The fine will be imposed by EU antitrust chief Teresa Ribera, whose original timeline was disrupted earlier this week by the internal disagreement.
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