Google fined 500 million euros by France’s antirust regulator
The Hindu
News publishers APIG, SEPM and AFP accuse the tech company of having failed to open talks in good faith with them to find common ground for the remuneration of news content online, under a recent European Union directive that creates so-called "neighbouring rights".
France's antitrust watchdog slapped a 500 million euro ($593 million) fine on Alphabet's Google on Tuesday for failing to comply fully with temporary orders the regulator had given in a row with the country's news publishers. (Subscribe to our Today's Cache newsletter for a quick snapshot of top 5 tech stories. Click to subscribe for free.) The U.S. tech group must come up with proposals within the next two months on how it would compensate news agencies and other publishers for the use of their news. If it does not do that, the company would face additional fines of up to 900,000 euros per day.
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