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France was successful in Google s advertising technology What s Next?
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How French antitrust regulators tamed Google
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This file photo illustration photo shows a Facebook App logo displayed on a smartphone in Los Angeles, March 1, 2021. [Photo/Agencies]
Sanctions for alleged anti-competitive behavior are influencing the way Big Tech companies such as Google and Facebook operate in Europe, said Isabelle de Silva, president of the French Competition Authority.
Competition law enforcers around the world have long struggled to pressure internet giants over business practices. The European Union has launched three separate antitrust investigations into Google for violating the bloc s laws since 2010 due to its dominant position in the market.
In an interview with the Financial Times published on Tuesday, de Silva said she did not believe fines could be played down as merely the cost of doing business .
Alphabet Inc Class C (NASDAQ: GOOG) Set to Pay a $593 Fine In France Because of How it Treated News Publishers
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Isabelle de Silva, head of France’s competition authority France s antitrust watchdog has fined Google €500m (£428m)
for failing to comply with the regulator s orders on how to conduct talks with the country s news publishers in a row over copyright.
The fine comes amid international pressure on online platforms such as Google and Facebook to share more revenue with news outlets.
The US tech group must come up with proposals within the next two months on
how it would compensate news agencies and other publishers for the use of their news. If it does not do that, the company would face additional fines of up to €900,000 a day.