ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for discussion Register to chat with like-minded investors on our interactive forums.

GOOGL Alphabet Inc

167.255
0.015 (0.01%)
Last Updated: 19:41:58
Delayed by 15 minutes
Share Name Share Symbol Market Type
Alphabet Inc NASDAQ:GOOGL NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.015 0.01% 167.255 167.24 167.25 168.10 166.09 167.46 12,948,785 19:41:58

Google Fined $593 Million in France Over Treatment of News Publishers

13/07/2021 9:35am

Dow Jones News


Alphabet (NASDAQ:GOOGL)
Historical Stock Chart


From May 2021 to May 2024

Click Here for more Alphabet Charts.

By Sam Schechner

 

PARIS--France's Competition Authority has fined Google $593 million for allegedly violating orders to negotiate paid deals with news publishers, raising pressure on the company in a global fight over how and whether tech companies should pay for news.

The French competition regulator said Tuesday that Google had violated the regulator's 2020 orders that its Alphabet Inc. parent company must negotiate with publishers for the right to show snippets of their content in its search result. Those orders came after complaints from publishers that Google was sidestepping France's implementation of a new European Union copyright directive.

Google has since reached paid deals with some French news publishers, such as Le Monde and Le Figaro, but not with others.

"We are very disappointed with this decision," a Google spokeswoman said. "We have acted in good faith throughout the entire process. The fine ignores our efforts to reach an agreement, and the reality of how news works on our platforms."

 

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

 

(END) Dow Jones Newswires

July 13, 2021 04:34 ET (08:34 GMT)

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

1 Year Alphabet Chart

1 Year Alphabet Chart

1 Month Alphabet Chart

1 Month Alphabet Chart

Your Recent History

Delayed Upgrade Clock