By France fines Google 220 million euros for abusing market spot with online ads
France’s competition regulator on Monday fined Google 220 million euros ($267 million) after finding it had abused its dominant market position for placing online ads, as US tech giants face growing pressure in Europe.
The penalty is part of a settlement reached after three media groups — News Corp, French daily Le Figaro, and Belgium’s Groupe Rossel — accused Google of effectively having a monopoly over ad sales for their websites and apps.
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