EU recently fines to which IT Giant $1.7 billion for abusing online ads market?
Correct answer: B. Google
- A. Facebook
- B. Google
- C. Yahoo
- D. Twitter
Explanation
The European Commission fined Google €1.49 billion, approximately $1.7 billion, for abusive practices in online advertising intermediation. The case concerned Google’s AdSense advertising business, not Facebook, Yahoo or Twitter.
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About Global Economy
Global economy covers growth, inflation, interest rates, exchange rates, public debt, trade and employment across major economies. It also includes the work of the IMF, World Bank, WTO and central banks, along with oil and commodity prices, supply-chain disruptions, sanctions, trade agreements and the economic effects of international crises.
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