# @cgtneurope on Instagram

- **Type:** Image
- **Original URL:** https://www.instagram.com/p/DOQliL7Fc9_
- **Gondola URL:** https://gondola.cc/posts/34157868-cgtneurope-instagram
- **Thumbnail:** https://img.gondola.cc/tr:w-,h-,fo-auto/postThumbnails/e1a4bf4ca5.jpg
- **Posted:** 2025-09-06T11:30:11.000+00:00
- **Account Owner:** CGTN Europe (@cgtneurope) — https://gondola.cc/cgtneurope

## Caption

The European Union has fined Google €2.95 billion for abusing its dominance in online advertising technology. The European Commission accused the company of favoring its own tools, DoubleClick for Publishers and AdX, at the expense of competitors, harming European publishers and advertisers. Competition Commissioner Margrethe Vestager said Google’s practices stifled innovation and fairness in the advertising technology sector. ⁣
⁣
This marks the EU’s fourth major penalty against Google, with regulators now urging structural changes, potentially including divestitures to address conflicts of interest. Google plans to appeal, arguing its tools enhance competition, while European publishers have welcomed the decision as a step toward a fairer market.⁣
⁣
In response, U.S. President Donald Trump criticized the fine as “unfair” and “discriminatory” against U.S. companies. In a Truth Social post, he threatened to launch a Section 301 investigation and impose 100% tariffs on EU goods if such penalties continue. EU officials, including Spain’s Teresa Ribera, defended the decision, emphasizing the need to curb Google’s market dominance. The escalating dispute has raised concerns about a potential transatlantic trade conflict, with implications for technology and global commerce.⁣
⁣
The fine, equivalent to approximately $3.2 billion, follows years of complaints from European publishers who argue Google’s control over the advertising supply chain reduces their profits and limits consumer options. The EU’s broader regulatory push, bolstered by the Digital Markets Act, aligns with similar scrutiny in the United States, where the Department of Justice is investigating Google’s advertising practices.⁣
⁣
#EUAntitrust #TrumpTariffs #BigTech #TradeWar⁣

## Stats

- **Views:** 0
- **Likes:** 115
- **Shares:** 0
- **Comments:** 10

## Tags

tradewar, euantitrust, bigtech, trumptariffs

---
Copyright (c) Gondola