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Google’s Antitrust Fine of €2.4 billion Confirmed

Google is under greater global scrutiny due to its dominance in the advertising technology industry

Media Marketing redakcijabyMedia Marketing redakcija
01/10/2024
in News
Reading Time: 1 min read
Pročitaj članak na Bosanskom

The European Union Court has upheld the antitrust fine of €2.4 billion against Google for favoring its own shopping search results over those of its competitors, strengthening efforts to curb the company’s dominant position in digital markets. The decision to penalize the tech giant, dating back to 2017, was the first of several EU fines against Google and was based on alleged discriminatory practices that harmed competition. While Google expressed disappointment with the ruling and claims to have made compliance changes that benefit other services, critics argue that the changes were not extensive enough.

Meanwhile, Google is also under greater global scrutiny due to its dominance in the advertising technology industry. In the United Kingdom, the Competition and Markets Authority (CMA) issued preliminary findings that Google may have violated competition law by favoring its own ad-tech services, harming British publishers and advertisers. The UK investigation is similar to a case in the U.S., where Google faces scrutiny over its alleged monopolistic control of digital advertising markets.

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  • Media Marketing redakcija
    Media Marketing redakcija
    Media Marketing is the most relevant media in the communications industry of the Adriatic region, created with an idea and the vision to educate, inform and bring the professionals from the industry together on daily basis.
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