France Fines Google $268M For Abusing "Dominant Position"
On Monday, France fined Google 220 million euros ($268 million USD) for abusing its "dominant position" in the online advertising marketplace.
In a statement put out by the Competition Authority, France's anti-competition watchdog, they said Google's practices "are particularly serious because they penalize Google's competitors." The Authority added that a company "in a dominant position is subject to a particular responsibility, that of not undermining."
Google opted to settle rather than dispute the decision.
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