Second-quarter profits have been affected at Google and its parent company Alphabet, with the hefty European Union fine levied on the search giant and traffic acquisition costs being two factors responsible.
The EU is contemplating another record fine against Google over how it pays and limits mobile phone providers who use the search company's Android mobile operating system and app store.
The European Commission has hit Google with a fine of €2.42 billion (US$2.7 billion) for allegedly abusing its search engine dominance to give illegal advantage to its own comparison shopping service.
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