EU Moves To Break Up Google's Ad Tech Business
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If there's one thing that gets under Google's skin more than ChatGPT, it's... well nothing does, really. But EU antitrust hawk Margrethe Vestager would probably be a close second.
On Wednesday, the European Commission said it has "concerns" that Google has abused its market dominance in the ad tech industry -- echoing an accusation leveled against the tech giant by the US DOJ in January. In the past, EU concerns about Google's dominion in various sectors have translated to multi-billion dollar fines. This time around, if Google's conduct is found to be illegal the EU is making noises about forcing the Silicon Valley giant to spin off part of its business.
Source Fool.com
