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GOOG Alphabet Inc

168.50
2.93 (1.77%)
03 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Alphabet Inc NASDAQ:GOOG NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  2.93 1.77% 168.50 168.36 168.54 168.53 165.69 166.58 17,191,236 01:00:00

Google to Pay Fine of Nearly $270 Million in French Antitrust Case

07/06/2021 10:01am

Dow Jones News


Alphabet (NASDAQ:GOOG)
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By Sam Schechner

 

PARIS--Alphabet Inc.'s Google will pay a fine of nearly $270 million as part of a settlement with French regulators of one of the first antitrust cases globally to allege the company abused its leading role in the digital advertising sector.

France's competition authority said Monday that, in addition to imposing the 220 million-euro ($267.7 million) fine, it has accepted Google's proposed commitments to settle the case, which include promises to make it easier for competitors to use its online-advertising tools.

Google's commitments will be binding for three years, the authority said.

 

Write to Sam Schechner at sam.schechner@wsj.com

 

(END) Dow Jones Newswires

June 07, 2021 04:47 ET (08:47 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.

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