About a month ago, Google was hit with a massive fine by the EU that totaled $2.7 billion. That fine was levied against Google for breaching EU antitrust law and was more than twice as much as the second largest penalty the EU ever handed out for such a violation. That previous record high fine was leveled against Intel back in 2014.
Understandably,

Source: Hot Hardware – EU Antitrust Fine Stings Google Parent Company Alphabet Bottom Line With A 27 Percent Drop In Profits