Google Has Been Fined $1.7 Billion for ‘Abusive’ Online Advertising Tactics

Google Has Been Fined $1.7 Billion for ‘Abusive’ Online Advertising Tactics

5 years ago
Anonymous $Dftgs0JzgE

http://www.newsweek.com/google-fine-european-commission-17-billion-advertising-market-dominance-1369499

Google has been fined €1.49bn ($1.69bn) by the EU for breaching antitrust rules, the latest in a long line of penalties against the U.S.-based tech company.  

The watchdog ruled Google abused market dominance and “stifled innovation” by imposing clauses in contracts with third-party websites. The terms of agreements meant Google's rivals were not able to place advertisements next to the relevant search results.