EU regulators have fined Google 1.49 billion euros for blocking rival ads
MARCH 20 (Reuters) - European Union regulators have fined Google 1.49 billion euros (about 11.32 billion yuan) for blocking ads from rivals in violation of online search advertising rules.
THE European Union's antitrust regulator on Tuesday imposed a new fine on tech giant Google for unfair competition, AFP reported.
"Today, the European Commission fined Google 1.49 billion euros for illegally abusing its dominant position in the online search advertising market," said Margaret Vistag, the EU's competition commissioner.
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Google received a huge fine from the European Union last year for its monopoly. On July 18, 2018, the European Commission's competition commissioner, Margrethe Verstappi, announced at a press conference that Google had illegally used Android's near monopoly to consolidate its market share of search engines and browsers. In response, the European Commission decided to impose a fine of 4.34 billion euros on Google.
It is the new normal for Chinese enterprises to go international, and They will have to face all kinds of compliance risks in the process of internationalization. In this regard, China Compliance Network launched a research "internationalization process of compliance risk outbreak and prevention and control", trouble you to take about 1 minute to participate in this research, for your participation we express our heartfelt thanks. The results of this research will be reflected in Chen Lixuan's new book of the same name, "The Outbreak of Compliance Risks in the Internationalization Process and Prevention and Control", stay tuned!
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China Compliance Network cultivates and advocates a compliance culture, maintains and enhances compliance effectiveness with cultural soft constraints and sustainability, and is an authoritative platform for compliance education and training, human resources delivery, and compliance assessment and certification in China. Chinese website: complianceinchina.com; Website: Compliance.reviews. "Compliance" and "Investigation" are the official certified public numbers of China Compliance Network, and the relevant columns are chaired by Chen Lixuan, Senior Partner of Beijing Dacheng (Shanghai) Law Firm. Mr. Chen is a Chinese lawyer, a new York state lawyer, a former Asia Pacific Compliance Director of Ford Motor Company, and the Chairman of the Compliance Culture Working Committee of the China Enterprise Culture Promotion Association. Mailbox:
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