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A historic fine against Google 2021 the French rooster 2021 clicks 2021 the American giant

A historic fine against Google  2021  the French rooster  2021 clicks 2021  the American giant
A historic fine against Google 2021 the French rooster 2021 clicks 2021 the American giant

Google received a huge historical fine in Europe over the monopoly on online advertising, and the US giant did not object.

On Monday, France’s competition regulator fined Google 220 million euros ($267 million) for abusing its dominant market position to place ads on the Internet in its own interests.

Google did not object to the penalty, which is part of a settlement reached after a complaint brought by three media groups – News Corp, France’s Le Figaro newspaper (which later withdrew) and Belgium’s Roussel Group – accused of de facto monopoly on online advertising sales.

The fine is the latest move by European authorities to take a tougher line on US technology giants.

In its decision, the Competition Authority wrote that it “noted” that Google had granted preferential treatment to its technologies offered under the Google Ad Manager brand, adding that “the practices in question are particularly dangerous because they have penalized Google’s competitors in the ad space market and my publishers.

” Websites and mobile applications”, including press editors in particular.

In addition to financial sanctions, Google offered commitments aimed at solving problems that arose during the investigation conducted by the French authority.

“This is a historic decision.

It is the first decision in the world that addresses the complex algorithmic auction processes through which online ads are displayed.

” Google’s owner Alphabet generated $55.

31 billion in revenue in the first quarter of 2021, mostly thanks to online advertising.

The company is facing lawsuits in Several countries on the basis of competition law

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A historic fine against Google 2021 the French rooster 2021 clicks 2021 the American giant
A historic fine against Google 2021 the French rooster 2021 clicks 2021 the American giant

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