Google has avoided a European Union $1.7 billion antitrust penalty over its AdSense advertising platform thanks to a Wednesday ruling from the EU General Court. The court annulled the European Commission fine.

In an effort to quell monopoly concerns in the EU, Google reportedly offered to sell its AdX advertising marketplace. Sources told Reuters that European publishers rejected Google's offer, arguing that the company would have to divest more in order to dismantle the conflicts of interest in its online advertising operations.

Alphabet unit Google won a legal challenge on Wednesday against a 1.49 billion euro ($1.7 billion) European Union antitrust fine, while Qualcomm failed to repeal a penalty.