NEW: EU regulators fine Google $1.68 billion for abusing its dominant role in online advertising.
European Union regulators have hit Google with a 1.49 billion euro fine for abusing its dominant role in online advertising.
The EU's competition commissioner, Margrethe Vestager, announced the results of the long-running probe of Google's AdSense advertising business at a news conference in Brussels on Wednesday. The commission found that Google and its parent company, Alphabet, breached EU antitrust rules by imposing restrictive clauses in contracts with websites that used AdSense, preventing Google rivals from placing their ads on these sites.
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