Paris: France, giving a big blow to Google, has imposed a fine of about $ 268 million on it. It is reported that France’s Market Competition Regulator has imposed a fine of 220 million euros, or about $ 268 million, on Google for abusing advertising power in the online advertising market.
According to news reports, France has described this action as Google’s ‘dominant position’ in the online advertising market. The competition authority said in a statement that Google’s practices are severe as they punish its competitors and competitors of mobile sites and publishers of mobile sites and application units in certain markets.
It is the responsibility of a company with a dominant position that it will not ignore the interest of others, the statement said. The statement further said that the American IT company has not challenged the facts in this case and has proposed changes.
