Russian technology giant Yandex has launched its ultra-fast grocery delivery service in Paris, the company said Tuesday. The service — named Yandex Lavka in Russia — will operate under the brand name of “Yango Deli,” offering 15-minute grocery delivery to addresses across the French capital. Paris marks the first European market the company is hoping to break into, following a launch in Israel at the end of 2020. The company plans to launch in London later this… Source link
Read More »Google fined 500 million euros in France in news copyright row
The Google logo displayed on a smartphone with the front pages of several newspapers pictured in the background. Hakan Nural | Anadolu Agency via Getty Images Google was fined 500 million euros ($593 million) Tuesday by French competition regulators for failing to comply with an order to negotiate fair deals with news publishers for the use of their content. France’s Competition Authority said Google had breached an April 2020 ruling that ordered the company to negotiate “in good faith”… Source link
Read More »France hits Google with a $600 million fine
The regulator said in a statement on Tuesday that Google (GOOGL) had disregarded several injunctions related to the tech company’s negotiations with French news publishers. Google was fined €500 million ($592 million) over its failure to comply. If the search giant does not present compensation offers to publishers within the next two months, it faces additional penalties of up to €900,000 ($1.1 million) per day. “When the regulator imposes obligations for a company, it must comply… Source link
Read More »France hits Google with a $600 million fine
The regulator said in a statement on Tuesday that Google (GOOGL) had disregarded several injunctions related to the tech company’s negotiations with French news publishers. Google was fined €500 million ($592 million) over its failure to comply. If the search giant does not present compensation offers to publishers within the next two months, it faces additional penalties of up to €900,000 ($1.1 million) per day. “When the regulator imposes obligations for a company, it must comply… Source link
Read More »Google Fined $593 Million in France Over Treatment of News Publishers
PARIS—France’s Competition Authority fined Google $593 million for allegedly violating orders to negotiate paid deals with news publishers, raising pressure on the company in a global fight over how and whether tech companies should pay for news. The French regulator said that Google had violated its April 2020 orders that the Alphabet Inc. GOOG 0.76% company must negotiate with publishers for the right to show snippets of their content… Source link
Read More »France fines Google 500 mln euros over copyright row
PARIS, July 13 (Reuters) – France’s antitrust watchdog slapped a 500 million euro ($593 million) fine on Alphabet’s Google (GOOGL.O) on Tuesday for failing to comply fully with temporary orders it had given in a row with the country’s news publishers. The U.S. tech giant must within the next two months come up with proposals on how it would compensate news agencies and other publishers for the use of their news. If it does not do that, it would face additional fines of up to 900,000 euros per… Source link
Read More »Google Pays $270 Million to Settle Antitrust Charges in France
LONDON — Google agreed to pay roughly $270 million in fines and change some of its business practices as part of a settlement announced on Monday with French antitrust regulators who had accused the company of abusing its dominance of the online advertising market. The agreement was one of the first times an antitrust regulator had taken direct aim at Google’s online advertising infrastructure, a platform that scores of websites worldwide rely on to sell ads. The fine is a pittance… Source link
Read More »Google fined $270 million in France for unfair advertising practices
The penalty comes as the tech giant faces multiple US suits over anti-competitive behavior and could lead to similar agreements with officials elsewhere. Facebook (FB), the other dominant player in digital advertising, is being investigated separately by EU regulators over claims that its use of data gives it an unfair advantage in the business. In a statement on Monday, France’s competition authority said it had fined Google (GOOGL) “for abusing its dominant position” in the market for… Source link
Read More »Google Pays $270 Million to Settle Antitrust Charges in France
Google has agreed to pay roughly $270 million in fines and change some business practices as part of a settlement announced on Monday with French antitrust regulators who had accused the company of abusing its dominance of the online advertising market. The French competition authority said the agreement was the first time an antitrust regulator had taken direct aim at Google’s online advertising infrastructure, a platform that scores of websites worldwide rely on to sell ads. The… Source link
Read More »Google fined by France for abusing online advertising position
Sundar Pichai, chief executive officer at Google LLC, speaks during the Google Cloud Next ’19 event in San Francisco, California, U.S., on Tuesday, April 9, 2019. Michael Short | Bloomberg | Getty Images France’s competition watchdog has fined Google 220 million euros ($267 million) for abusing its market power in the online advertising industry. The French Competition Authority said Monday Google had unfairly sent business to its own services, and discriminated against the competition. Google… Source link
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