PARIS (Reuters) – France’s competition authority on Friday fined Google <GOOGL.O> 150 million euros ($167 million) for anti-competitive behavior and for having unclear advertising on the Google Ads page.
The fine comes as France and other European countries maintain high levels of scrutiny on major U.S. tech companies such as Google, Facebook <FB.O>, Apple <AAPL.O> and Amazon <AMZN.O>, which are often criticized for having relatively low tax payments.
In September, Google agreed to pay close to 1 billion euros to French authorities to settle a fiscal fraud probe that began four years ago.
Google, which is the world’s biggest internet search engine, has also faced growing regulatory scrutiny about the content it promotes in search results and ads.
(Reporting by Mathieu Rosemain; editing by David Evans)
Add Comment