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Google in Mexico faces major potential fine as antitrust ruling nears

Economic Times

Economic Times · 6m ago

Google in Mexico faces major potential fine as antitrust ruling nears

Mexico's antitrust watchdog, Cofece, is nearing a decision on whether Google has established an illegal monopoly in the digital advertising market. If found guilty, Google could face a fine of up to 8% of its annual Mexican revenue, one of the largest ever by Cofece. The investigation started in 2020, and Google has been presenting evidence in its defense. The ruling could reflect similar antitrust challenges Google faces in the United States.

Related News

EU trade chief stalls Google fine after Trump threats - The Economic Times

Economic Times

Economic Times · 3m ago

EU trade chief stalls Google fine after Trump threats - The Economic Times

The EU's trade chief, Maros Sefcovic, paused plans to fine Google amid fears of US retaliation, following threats from the Trump administration over regulations targeting US tech giants. While Sefcovic supports the antitrust probe into Google, he emphasized the need for thorough assessment and collegial decision-making. The EU has been investigating Google since 2021 for alleged abuse in the advertising market. Meanwhile, Google faces another antitrust challenge in the US over its online search monopoly.

Google to fight $4.33 billion EU antitrust fine over Android

Livemint

Livemint · 10m ago

Google to fight $4.33 billion EU antitrust fine over Android

Google is contesting a €4.12 billion EU antitrust fine concerning its Android operating system, imposed by the European Commission in 2018. The commission accused Google of leveraging its dominance to steer traffic to its search engine, disadvantaging competitors. Google argues that the ruling was flawed as Android offers user choice, competing with Apple's iOS. The case, pivotal in regulating big tech, will be heard by the European Court of Justice, with a decision expected after months.

Is Google’s Search Engine Smart or Sneaky? A Court Will Decide

Wired · 2y ago

Is Google’s Search Engine Smart or Sneaky? A Court Will Decide

Google is facing a landmark antitrust trial in the United States, with proceedings set to begin on September 12. State attorneys general accuse Google of unlawfully amassing a 90% share of general online searches and harming consumers by monopolizing the search market and allowing distracting ads. The trial is the first to reach court among several government antitrust lawsuits against major tech companies, with the outcome expected to have significant implications for the industry. Google CEO Sundar Pichai and other industry leaders are expected to testify, with a ruling expected in the coming months and potential appeals to follow.

Google readies EU offer after $3.5 billion fine, skips full split - The Economic Times

Economic Times

Economic Times · 2m ago

Google readies EU offer after $3.5 billion fine, skips full split - The Economic Times

Google plans to meet the EU's deadline to propose changes to its advertising technology business following a €3 billion fine, without a full breakup of its Ad Manager, which includes AdX exchange and DoubleClick for Publishers. Despite pressure for divestment to ensure fair competition, Google opposes selling parts of its ad tech. This comes amid heightened antitrust scrutiny in both Europe and the U.S., where Google also faces legal challenges.

The App Store economy is under siege

Livemint

Livemint · 1y ago

The App Store economy is under siege

Monday's court ruling that Google created an antitrust market with its app store threatens the $500-billion-a-year app store economy dominated by Apple and Google. The ruling came as Epic Games won a lawsuit against Google, declaring the company's monopoly harmful to the videogame maker. Regulators and legal challenges around the world are gradually eroding the control of Apple and Google over third-party software. Despite potential financial threats, analysts are divided on the impact these challenges may have on Apple and Google's businesses.

Google's AI rivals get a boost from data-sharing order, but tech giant far from routed - The Economic Times

Economic Times

Economic Times · 3m ago

Google's AI rivals get a boost from data-sharing order, but tech giant far from routed - The Economic Times

A recent antitrust ruling requires Google to share its search data with competitors, benefiting AI companies aiming to rival its dominance. Although the ruling spares Google from divesting its Chrome browser and Android OS, it levels the playing field for other businesses. While emerging AI competitors like ChatGPT and Perplexity pose a potential threat, matching Google's stature will demand significant time and resources. The decision allows Google to maintain its current distribution deals, keeping its search engine as the default option.

Google makes history with rapid-fire antitrust losses

Economic Times

Economic Times · 7m ago

Google makes history with rapid-fire antitrust losses

In recent antitrust developments, Google faced historic legal losses, with federal judges ruling it had illegally built monopolies in online search and advertising. These cases mark significant victories for the government, indicating serious scrutiny of tech giants' market power. Google's legal challenges represent a broader wave of antitrust cases against major tech firms like Meta, Apple, and Amazon. While Google plans to appeal, the outcomes may reshape competitive dynamics, reinforcing government's capacity to address monopolistic practices in digital markets.

How a UK couple won 15-year legal battle against Google

Livemint

Livemint · 1y ago

How a UK couple won 15-year legal battle against Google

Google has been ordered to pay a penalty of €2.4 billion ($2.7 billion) by the European Court of Justice (ECJ) for abusing its market dominance in favor of its shopping services. The court upheld the European Commission's 2017 ruling that found Google guilty of antitrust violations. UK entrepreneurs Shivaun and Adam Raff, founders of price comparison website Foundem, had filed complaints after their website suffered from biased search algorithms. This ruling sets an important precedent for regulating the practices of major tech companies.

Intel spars with EU regulators over $421 million antitrust fine

Economic Times

Economic Times · 6m ago

Intel spars with EU regulators over $421 million antitrust fine

Intel is contesting a €376 million antitrust fine from the EU related to practices that excluded market rivals. Previously, a higher €1.06 billion fine from 2009 was annulled in 2022, but a subsequent fine was re-imposed for Intel's payments to delay rival products. Intel argues the penalty is unfair and not reflective of the limited violations, while the EU maintains the fine's proportionality. A court ruling is anticipated soon.

Italian court cuts $1 billion antitrust fine on Amazon - The Economic Times

Economic Times

Economic Times · 3m ago

Italian court cuts $1 billion antitrust fine on Amazon - The Economic Times

An Italian court reduced Amazon's 2021 antitrust fine from €1.13 billion to about €750 million, ruling that the original fine included an insufficiently justified 50% surcharge. The Lazio administrative court maintained the regulator's main findings but instructed that the fine be recalculated. Amazon had been penalized for allegedly abusing its dominant position by restricting competition in Italy's ecommerce logistics services. This adjustment marks a significant development in ongoing scrutiny of U.S. tech giants in Europe.

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