Google was slapped with a $166 million fine by France for its online ads dominance - Business Insider

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Google was slapped with a $166 million fine by France for its online ads dominance

Google is appealing the fine.

Google agreed a settlement of $1.1 billion with France over a fiscal fraud case in September this year, and in January the country's data protection watchdog fined Google 50 million euros .France's competition authority fined Google 150 million euros for anti-competitive behavior and for having unclear advertising on the Google Ads page on Friday.

The fine comes as France and other European countries maintain high levels of scrutiny on major US tech companies such as Google, Facebook, Apple, and Amazon, which are often criticized for having relatively low tax payments.to French authorities to settle a fiscal fraud probe that began four years ago.

Google, which is the world's biggest internet search engine, has also faced growing regulatory scrutiny about the content it promotes in search results and ads. Isabelle de Silva, head of the French competition authority, told a news conference that Google's dominance in the online advertising business was "extraordinary," with the US company having a market share of around 90% in that field.

 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

Lapdog Pinocchio Pichai and his earlier 2 masters will consider $166 million an insignificant amount of money for Google. So they will continue their practice of dominance in every country including France

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