European Commission fines Google €1.49 billion for abusive advertising practices
The European Commission has fined Google €1.49 billion for breaching EU antitrust rules. Google has abused its market dominance by imposing a number of restrictive clauses in contracts with third-party websites which prevented Google’s rivals from placing their search adverts on these websites.
Google’s provision of online search advertising intermediation services to the most commercially important publishers took place via agreements that were individually negotiated. The Commission has reviewed hundreds of such agreements in the course of its investigation before coming to the conclusion that Google has abused its market dominance by preventing rivals from competing in the online search advertising intermediation market.