Buy Google Adsense Account - Binvcc.com parent Alphabet on Monday reported a quarterly profit of $3.5 billion, in a sharp decline from a year ago, with a massive fine by the European Commission biting into earnings.

The technology giant reported that revenue grew to $26 billion in the recently ended quarter, and that profit would have tallied nearly $6.3 billion if it weren't for a $2.74 billion antitrust fine levied on search engine by the European Commission.

The earnings for the quarter fell 28 percent from the same period last year.

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Google's parent company Alphabet says its quarterly profits took a hit because of a $2.74 billion anti-trust fine imposed by the European Union