Google fined $593 million, the company surrounded by these serious allegations
News publishers APIG, SEPM, and AFP have accused tech giant Google of failing to comply with Neighbor Rights, a recent European Union directive.
Google antitrust case: France's antitrust watchdog on Tuesday slapped 500 million euros (593 million) on Alphabet's Google for failing to fully comply with temporary orders placed by the country's news publisher with the regulator. dollars) is fined.
Along with this, the American tech group will have to explain within the next two months with proposals how it will compensate news agencies and other publishers for their use of news. If it does not do so, the company will have to pay an additional fine of up to 900,000 euros per day. Google has expressed disappointment over this decision of the antitrust watchdog.
A Google spokesperson said, “We have acted in good faith throughout the process. These fines ignore our efforts to reach an agreement and the reality of how news works on our platform. To date, Google is the only company that has announced agreements on Neighboring Rights."
These allegations against Google
News publishers APIG, SEPM, and AFP have accused the tech company of working well with them to find common grounds for remuneration for news content, under a recent European Union directive that creates so-called "neighbor rights". Failed to negotiate in confidence.
The matter was focused on whether Google violated the temporary orders issued by the Antitrust Authority. The head of the antitrust body, Isabel de Silva, said in a statement, "When the authority decides an obligation to a company, it must comply faithfully, both in spirit and in letter (of the decision). Here, unfortunately, it was not so."
Sources told news agency Reuters that APIG, which represents most of the major print news publishers (Le Figaro, Le Monde, etc.), remains one of the claimants, despite having signed a framework agreement, as it is pending. The no-confidence decision has stayed.