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Second-quarter profits have been affected at Google and its parent company Alphabet, with the hefty European Union fine levied on the search giant and traffic acquisition costs being two factors responsible.

Published in Market

Google's close ties to the White House during the time of the Obama administration are the main reason why a proposed 2012 probe by the US Federal Trade Commission into the company's alleged unfair competition was dropped.

Published in Technology Regulation

The European Commission has hit Google with a fine of €2.42 billion (US$2.7 billion) for allegedly abusing its search engine dominance to give illegal advantage to its own comparison shopping service.

Published in Technology Regulation
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