Google, based in Mountain View, California, did not dispute the facts and opted to settle after proposing some changes, according to a prepared statement from the Competition Authority.
Google is being fined $268 million by France’s antitrust watchdog for abusing its ‘dominant’ position in online advertising. Practices used by the search engine giant to sell ads “penalize Google’s competitors” along with publishers of mobile sites and applications, the Competition Authority said Monday. It is the responsibility of a company with a dominant market position to avoid undermining its competition. Google, based in Mountain View, California, did not dispute the facts and opted to settle after proposing some changes, according to a prepared statement from the Competition Authority. The head of the authority, Isabelle de Silva, said the decision was unprecedented in the way that it delved into the complex algorithmic auctions that power Google’s online display advertising business.
