Google near settlement of French antitrust case, WSJ says_老虎社区_美港股上老虎

Google near settlement of French antitrust case, WSJ says

Reuters2021-05-28

WASHINGTON (Reuters) -Alphabet Inc's Google is close to settling an antitrust investigation in France over allegations it abused its power in online advertising, the Wall Street Journal reported on ...

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But about $23 billion last year was tied to helping publishers sell ads and the connections between Google's dueling businesses are drawing antitrust scrutiny, including calls from critics for a break-up.\nThe French case also alleged other forms of self-preferencing in the advertising side of Google's business, the people told the newspaper.\nGoogle spokeswoman Leslie Pitterson did not comment on the reported settlement but said that the company's third-party ad tech products work with both Google's partners' and competitors' products.\n\"We continue to take in feedback and make updates to better serve users and the wider ecosystem,\" she said in a statement.\nIf approved by the Competition Authority's board, the deal could be announced in weeks and would be binding only in France, the newspaper said.\nTexas, backed by other U.S. states, filed a lawsuit against Google in December accusing it of breaking antitrust law in how it runs its online advertising business in a case that appears to be similar to the French allegations.\nGoogle also is fighting lawsuits in the United States from several advertisers, rivals and publishers around the same issues.","kind":"news","is_publish_news":false,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"hasMoreComments":false,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"isCrawlerRequest":true}