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Google set to face modest EU antitrust fine in adtech investigation, sources say - The Economic Times

Economic Times

Economic Times · 2d ago

Google set to face modest EU antitrust fine in adtech investigation, sources say - The Economic Times

Google is expected to face an EU antitrust fine for alleged anti-competitive practices in its adtech sector, triggered by a European Publishers Council complaint. The EU’s four-year investigation concluded Google favored its advertising services over competitors. Although not as hefty as previous fines, this illustrates new EU antitrust chief Teresa Ribera’s shift from punitive to corrective measures. Google disputes the charges and won’t be compelled to divest parts of its adtech business.

Related News

Turkey's competition board imposes $8.9 million fine to Google - The Economic Times

Economic Times

Economic Times · 1m ago

Turkey's competition board imposes $8.9 million fine to Google - The Economic Times

Turkey's Competition Authority fined Google approximately $8.87 million for non-compliance with regulatory obligations. The fine was imposed due to design implementations by Google that breached regulations during the compliance process following a prior antitrust investigation.

Microsoft's OpenAI partnership could face EU antitrust probe, sources say

Livemint

Livemint · 1y ago

Microsoft's OpenAI partnership could face EU antitrust probe, sources say

Microsoft's investment of $13 billion in OpenAI could face an antitrust investigation from the European Union (EU), as regulators are gathering evidence to determine if the partnership restricts competition within the EU internal market or if Microsoft's market power distorts the market through certain practices. The EU antitrust regulator has reportedly decided not to investigate the partnership under EU merger rules but may still opt for an antitrust investigation. Microsoft has a non-voting position on the OpenAI board and claims no ownership of the ChatGPT maker. The investigation is still in its early stages and no decision has been made.

CCI orders probe into Google’s practices in online display ad market - The Economic Times

Economic Times

Economic Times · 1m ago

CCI orders probe into Google’s practices in online display ad market - The Economic Times

The Competition Commission of India (CCI) has launched an investigation into Google for possible antitrust violations in the online display advertisement services market through its Google AdTech Stack. This investigation originated from a complaint by the Alliance of Digital India Foundation (ADIF), which alleged that Google's dominance creates an anti-competitive environment, stifling nascent competitors and imposing exploitative prices. The CCI plans to consolidate this case with related ongoing investigations against Google.

Apple set to stave off daily fines, EU to accept App Store changes, sources say - The Economic Times

Economic Times

Economic Times · 1m ago

Apple set to stave off daily fines, EU to accept App Store changes, sources say - The Economic Times

Apple's recent App Store policy changes are likely to gain EU antitrust approval, helping the company avoid fines. Developers face a 20% processing fee, with reductions for small businesses. Fees for directing customers outside the App Store range from 5% to 15%. These adjustments, following a €500 million fine, aim to comply with the Digital Markets Act. The European Commission is set to approve these changes soon, potentially preventing daily fines.

A look at how European regulators are cracking down on Big Tech

Economic Times

Economic Times · 1y ago

A look at how European regulators are cracking down on Big Tech

European regulators have taken several actions against Big Tech companies to ensure fair competition and prevent monopolistic practices. These actions include a $2 billion EU antitrust fine imposed on Apple for hindering payment options for music streaming services outside its App Store. Google also faced a 2.42 billion euro EU antitrust fine, and there are discussions about requiring it to divest part of its adtech business. Additionally, Microsoft's investment in OpenAI is being scrutinized for potential violation of EU merger rules. Similar investigations and probes have taken place in the UK, France, Germany, Italy, and the Netherlands.

Amazon likely to face investigation under EU tech rules next year

Economic Times

Economic Times · 9m ago

Amazon likely to face investigation under EU tech rules next year

Amazon is expected to face an investigation by EU regulators in 2022 over allegations of favoring its own brand products on its platform. The investigation will be conducted under the European Union's Digital Markets Act, which aims to regulate the power of Big Tech companies. If Amazon is found guilty of breaching the Act, it could face a fine of up to 10% of its global annual turnover. The decision on whether to proceed with the investigation will be made by incoming EU antitrust chief Terera Ribera, who is set to replace Margrethe Vestager next month. Amazon has stated that it is compliant with the Act and has been engaging constructively with the Commission. Other tech companies, including Apple, Google, and Meta Platforms, are also being investigated under the Act.

Google says discord over search results is unresolved; risks EU antitrust fine - The Economic Times

Economic Times

Economic Times · 1m ago

Google says discord over search results is unresolved; risks EU antitrust fine - The Economic Times

Google recently failed to resolve disagreements with hotels, airlines, and search services over its search result presentation, risking an EU antitrust fine. At a workshop, Google proposed solutions to address charges of unfairly prioritizing its services like Google Shopping. Options included giving vertical search services top page visibility, but critics argue they cement Google’s dominance and mislead consumers. The EU's Digital Markets Act aims to curb Big Tech's power, with potential significant fines for violations.

Google in Mexico faces major potential fine as antitrust ruling nears

Economic Times

Economic Times · 2m 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.

Apple, Meta likely to face modest fines over DMA breaches, sources say

Economic Times

Economic Times · 5m ago

Apple, Meta likely to face modest fines over DMA breaches, sources say

Apple and Meta face modest fines for allegedly breaching the EU's Digital Markets Act (DMA), aimed at curbing tech giants' power. The act, effective since May 2023, is designed to foster competition among online services. The EU antitrust enforcer's priority is compliance over sanctions, considering the DMA's recent implementation and geopolitical factors. Despite efforts to adhere to regulations, both companies highlight challenges with demands exceeding legal requirements. Final decision on fines is pending.

Apple, Meta, Google set to face EU Digital Markets Act probes

Economic Times

Economic Times · 1y ago

Apple, Meta, Google set to face EU Digital Markets Act probes

Summary: EU antitrust regulators are set to investigate Apple, Meta Platforms, and Google under the Digital Markets Act. The European Commission is expected to announce the investigations and make decisions before the end of EU antitrust chief Margrethe Vestager's term in November, according to sources.

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