The EU is reportedly delaying its decision on anti-monopoly penalties against Google.
The EU has suspended its plans to immediately punish Google, a subsidiary of Alphabet, for abusing its dominant position in the advertising technology sector, out of concerns that US President Donald Trump may retaliate by disrupting transatlantic trade agreements. Sources familiar with the matter stated that EU regulatory authorities had originally planned to issue a fine to the American tech giant and require it to change its business practices on September 1. However, as the date approached, high-ranking officials outside of the EU Competition Department began to worry about the timing and severity of this decision, fearing it could anger Trump and lead him to overturn recent progress made in trade and impose new tariffs as retaliation. The team of antitrust chief Teresa Ribera is responding to more questions about the decision draft, which is expected to result in a fine for Google and an injunction requiring Google to cease its alleged abusive behavior. Sources also stated that even if the fine is not postponed, it is expected to be the smallest fine Google has ever received in an EU antitrust case.
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