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France fines Google €220m over online ad dominance


France’s competition regulator fined Google €220 million after finding it had abused its dominant market position for placing online ads. — AFP file pic
France’s competition regulator fined Google €220 million after finding it had abused its dominant market position for placing online ads. — AFP file pic

PARIS, June 7 — France’s competition regulator today fined Google €220 million (US$267 million) after finding it had abused its dominant market position for placing online ads, the latest move by European authorities to take tougher stances against US tech giants.

The penalty is part of a settlement reached after three media groups — News Corp, French daily Le Figaro and Belgium’s Groupe Rossel — accused Google of effectively having a monopoly over online ad sales. — AFP



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