EU regulators hit Google with $1.7 billion fine for blocking ad rivals

EU regulators hit Google with $1.7 billion fine for blocking ad rivals

5 years ago
Anonymous $Dftgs0JzgE

https://www.cnbc.com/2019/03/20/eu-vestager-hits-google-with-fine-for.html

The European Union on Wednesday ordered Google to pay 1.49 billion euros ($1.69 billion) for stifling competition in the online advertisement sector.

The European Commission said Google had placed exclusivity contracts on publishers, stopping them from including search results from Google's rivals. It said these clauses were replaced in 2009 by premium payments and in the same year, Google had asked publishers to seek permission on how rival ads were displayed.