According to Forbes, Google will be fined 500 million euros by French regulators for failing to comply with an antitrust order of the previous regulator on the press and publishing industry. French regulators previously required Google not to use its platform’s monopoly position, but to compete fairly with news publishers.
The chairman of the French regulatory agency said that the 500 million euro penalty took into account the extraordinary severity of Google’s violations and Google’s disregard for regulatory orders. Google has not yet responded to this matter.
The confrontation between Google and the traditional news publishing industry in Europe has been going on for a long time. For more than a decade, European news publishers have been pushing regulators to solve Google’s unfair competition.
