EU watchdog orders Google to break up digital ad business over competition fears

  • 📰 thejournal_ie
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 50%

Business News News

Business Business Latest News,Business Business Headlines

The EU Commission has ordered technology giant Google to sell off some of its lucrative digital advertising business in order to address competition concerns

EU REGULATORS HAVE ordered technology giant Google to sell off some of its lucrative digital advertising business in order to address competition concerns.

The 27-nation EU has led the global movement to crack down on big tech companies but it has previously relied on issuing blockbuster fines, including three penalties for Google worth billion of euros.Google can now defend itself by making its case before the Commission issues its final decision.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 32. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Positive start for European stocks as investors await Fed and ECB policy decisionsItalian broadcaster MFE-MediaForEurope shares rise following death of its founder and Italy’s former prime minister Silvio Berlusconi
Source: IrishTimesBiz - 🏆 6. / 77 Read more »