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@ 2022/10/18Another fine, but leopard remains spotty
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.
Google's ad business, which generated over $100 billion in sales last year, is Alphabet's biggest moneymaker. It accounted for about 80 per cent of annual revenue, despite efforts over the past decade to push into selling hardware, subscription services and cloud computing technology.
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.
Google's ad business, which generated over $100 billion in sales last year, is Alphabet's biggest moneymaker. It accounted for about 80 per cent of annual revenue, despite efforts over the past decade to push into selling hardware, subscription services and cloud computing technology.
