Turkey fines Google US$26 million for abusing market position: competition board

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 66%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

The Turkish Competition Board has fined Google 196.7 million lira (US$26 million) as the result of an investigation, state-owned Anadolu news ...

ISTANBUL: The Turkish Competition Board has fined Google 196.7 million lira after ruling it was abusing its market dominance, a statement by the board said on Friday.

The company has been found to be violating the terms of fair competition due to unfair access to advertisement space, the statement said, and the California-based tech giant"was abusing its dominant power in the market".In February, the competition authority fined Google 98 million lira for abusing its dominant market position and"aggressive competition tactics."

 

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:

 /  🏆 6. in CA

Canada Canada Latest News, Canada Canada Headlines