Afghanistan, Sept. 6 -- The European Commission fined Google €2.95 billion, ruling the tech giant abused its dominance in online advertising by favoring its own services and undermining fair competition.

The European Commission has fined Google €2.95 billion after finding the company abused its dominant position in the online advertising technology (Ad Tech) market.

The ruling, announced on Friday, September 5, follows an investigation launched in 2021. Regulators concluded that Google systematically favored its own ad services over those of competitors.

According to the Commission, this conduct undermined fair competition, restricted market access for rivals, and limited choices available to advertisers and publishers across...