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 logo of Google is seen on a building at la Defense business and financial district in Courbevoie near Paris, France, September 1, 2020.
Photo: Charles Platiau / Reuters RC2PPI9ZJ90P
LONDON — Google agreed to pay roughly $270 million in fines and change some of its business practices as part of a settlement announced 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 compared with Google’s overall business — its parent entity, Alphabet, earned $41 billion last year — but French authorities hailed the concessions from the company because they affect technology and practices at the heart of its business.
In the United States, Google faces similar antitrust scrutiny over its online advertising technology from a group of state attorneys general, as well as from Britain’s antitrust regulator.
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