After being fined 3 billion euros by the European Union, Google (GOOGL.US) will submit a reform plan but refuses to completely dismantle its advertising technology business.

According to the Securities Times, Google (GOOGL.US) will submit a plan to adjust its advertising technology business before the deadline set by the European Union after facing a fine of nearly 3 billion euros (about 3.5 billion US dollars), as revealed by insiders. However, this plan will not include the comprehensive dismantling pushed for by the European Union and industry competitors.