“The European Commission has fined the US Google Technology Company for 2.95 billion euros for violation of the EU competition rules in the advertising market. Source: “European Truth” with reference to the EU press service Details: the investigation of the European Commission has established that Google has provided advantage of its own services with online advertising “to the detriment of competitors providing advertising technology, advertisers and online publishers”.”, – WRITE: www.pravda.com.ua
Source: “European Truth” with reference to the EU press service
Details: Investigation of the European Commission found that Google has provided advantage of its own services with online advertising “to the detriment of competitors providing advertising technology, advertisers and online publishers”.
Advertising:
Such Google’s activities have lasted “at least 2014”, according to the European Commission.
The decision of the EU executive not only imposed almost 3 billion euros a fine, but also obliged Google to stop anticompetitive behavior. The company has 60 days to inform the European Commission of measures that it will take for this purpose.
The European Commission has been investigating Google’s advertising practices since the beginning of 2021.
The company was previously fined by more than € 4 billion due to its version of the Android operating system and its applications for it, which has become a record antitrust of the EU, which is currently being challenged.