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Google fined $1.7b by EU for restrictive practices on ad display |
March 23, 2019
BRUSSELS: Google has been fined $1.7billion by the European Union for indulging
in restrictive trade practices. In a third similar case going against the tech
giant, Google was accused of putting limitations on some websites displaying
ads sold by its rivals.
EU anti-trust commissioner Margrethe Vestager told a press conference on Wednesday
that the tech giant had abused its dominant position by forcing customers of
its AdSense business to sign contracts agreeing they would not accept advertising
from rival search engines. “The misconduct lasted over 10 years and denied other
companies the possibility to compete on the merits and to innovate,” she said.
The Silicon Valley's tech firm was fined a record €4.3 billion last year for
abusing its market dominance in mobile, and €2.4 billion the previous year for
manipulating search results. It is appealing against both the verdicts.
Vestager said changes Google made after the EU case increased the visibility
of rivals from 6 percent of search results to 40 percent.
In a press statement, Google’s SVP of global affairs, Kent Walker, said: “We’ve
always agreed that healthy, thriving markets are in everyone’s interest. We’ve
already made a wide range of changes to our products to address the Commission’s
concerns. Over the next few months, we’ll be making further updates to give
more visibility to rivals in Europe.”
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