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France Fines Google Dollar 268M For Unfair Online Ads Treatment

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France's anti-competition watchdog decided Monday to fine Google 220 million euros (USD 268 million) for abusing its "dominant position" in the online advertising business, an unprecedented move, the body said. Practices used by Google "are particularly serious because they penalise Google's competitors" in certain markets and publishers of mobile sites and applications, the statement by the Competition Authority said. "The authority recalls that a company in a dominant position is subject to a particular responsibility, that of not undermining," the statement said.

 
France Fines Google Dollar 268M For Unfair Online Ads Treatment

Google, based in Mountain View, California, did not dispute the facts and opted to settle, proposing changes, the statement said. The head of the authority, Isabelle de Silva, said the decision was unprecedented. "(It's) the first decision in the world to look into complex algorithmic auctions processes through which online display advertising works," she said.

(PTI)

Read more about: google
Story first published: Monday, June 7, 2021, 20:21 [IST]
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