France hits Google with a $600 million fine

NEWS 13.07.202117:25 0 komentara
Reuters/Hannah McKay

France's antitrust regulator has fined Google nearly $600 million and given the company two months to come up with proposals on how to pay publishers for their content or face more punishment.

The regulator said in a statement on Tuesday that Google had disregarded several injunctions related to the tech company’s negotiations with French news publishers.

Google was fined €500 million ($592 million) over its failure to comply. If the search giant does not present compensation offers to publishers within the next two months, it faces additional penalties of up to €900,000 ($1.1 million) per day.

“When the regulator imposes obligations for a company, it must comply scrupulously, in both the spirit and letter. In this instance, this was unfortunately not the case,” the antitrust agency’s chief Isabelle de Silva said.

Google failed to comply by not acting “in good faith” in its negotiations with news agencies and publishers and refused to have a specific discussion on paying for news content online, according to da Silva.

Google said in a statement that it was “very disappointed” with the decision.

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