EU fines Google record $2.7 billion in first antitrust case.

 EU antitrust regulators hit Alphabet (GOOGL.O) unit Google with a record 2.42-billion-euro ($2.7 billion) fine on Tuesday, taking a tough line in the first of three investigations into the company's dominance in searches and smartphones. 

It is the biggest fine the EU has ever imposed on a single company in an antitrust case,exceeding a 1.06 billion euro sanction handed down to u.s chipmaker intel(INTC.O)in 2009.