Google fined $592 million in dispute with French publishers, tech giant ‘very disappointed’ by decision- Technology News, Novi Reporter

Google fined $592 million in dispute with French publishers, tech large ‘very upset’ by decision- Know-how Information, Novi Reporter

France’s competitors regulator introduced Tuesday that it has fined Google 500 million euros ($592 million) over a dispute with French publishers who need the corporate to pay for using their information.

The company threatened fines of one other 900,000 euros (round $1 million) per day if Google doesn’t produce proposals inside two months on the way it will compensate information producers.

Google France mentioned in a press release it was “very upset” by the choice, and that the high-quality “doesn’t mirror the efforts put in place or the fact of using information content material on our platform.” It mentioned it’s negotiating in good religion towards an answer, and on the verge of reaching an settlement with some publishers.

Picture: AP

The dispute is a component of a bigger effort by the European Union to pressure Google and different tech corporations to compensate publishers for content material.

The French antitrust company had issued momentary orders to Google earlier this 12 months to carry talks inside three months with information publishers, and fined the corporate Tuesday for breaching these orders.

Google has been repeatedly focused by French and European Union antitrust authorities for varied enterprise actions seen as abusing its market dominance.

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