Google settled an antitrust case with the French competition authority, agreeing to pay a nearly $270 million fine and accept regulators’ demands including sharing data with competitors.
Google agreed to the fine, which was levied due to the tech company’s “abuse” of its dominant position in the online advertising market, France’s competition authority announced Monday morning. Regulators said Google, as the industry’s most dominant company, has a special responsibility not to use unfair methods of cornering the market further.
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