The European Commission has fined the United States $1.2 billion for violating antitrust laws. The fine is a result of the US engaging in anti-competitive practices in the market. This is the second time in three years that the EU has fined the US for similar violations. The US has not yet commented on the fine.
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Arwen Volkov, A graduate of the University of St. Gallen in Switzerland with a degree in International Finance, Arwen specializes in sustainable finance and green investments. She began her career at an investment bank in London, where she developed financing models for environmentally friendly projects. Known for her analytical and strategic thinking skills, Arwen is a sought-after financial consultant. In her spare time, she mentors fintech startups, contributing to their growth strategies. She is also a nature enthusiast and an amateur photographer.