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Google Facing Possible Antitrust Charges in EU Over Digital Ad Business

Alphabet unit Google could face EU antitrust charges next year over its digital advertising business, putting the company at risk of its fourth fine in the EU of more than a billion euros, people familiar with the matter said. Google’s ad business, which generated over $100 billion in sales last year, is Alphabet’s biggest moneymaker. It accounted for about 80% of annual revenue, despite efforts over the past decade to push into selling hardware, subscription services and cloud computing technology.

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Author: Doug Isenberg

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