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Google hit with record $5 billion euro EU antitrust fine

Updated : July 19, 2018 07:03 AM IST

The penalty is nearly double the previous record of 2.4 billion euros which the US tech company was ordered to pay last year over its online shopping search service.
The fine represents just over two weeks of revenue for Google parent Alphabet Inc. and would scarcely dent its cash reserves of $102.9 billion.
Google hit with record $5 billion euro EU antitrust fine
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