Monday, October 18

Google seeking to settle EU antitrust probe into adtech-source


Article content

BRUSSELS — Alphabet unit Google is seeking to settle an EU antitrust investigation into its digital advertising business, a person familiar with the matter said, just three months after the European Commission opened the case against the company.

The EU executive, which acts as the competition enforcer for the bloc, said in June that it would investigate whether Google favors its own online display advertising technology services to the detriment of rivals, advertisers and online publishers.

EU antitrust cases have cost Google more than 8 billion euros ($9.4 billion) in fines in three different cases in the last decade. ($1 = 0.8531 euros) (Reporting by Foo Yun Chee; editing by Philip Blenkinsop)



financialpost.com

Leave a Reply

Your email address will not be published. Required fields are marked *