Google has been hit with another fine in Europe, this time for $593 million in France after failing to strike a deal with news publishers
antitrustauthorities have hit
- The tech firm must negotiate a new deal with news outlets or face fines of nearly $1 million a day.
- A Google spokesperson told Bloomberg the company was "very disappointed" with the decision.
Google has been hit with a €500 million ($593 million) fine by French antitrust authorities after failing to negotiate a deal with local news publishers to pay for their content.
The move is the latest twist in an ongoing battle between social media companies, regulators, and news outlets around the world.
Australia has led the charge in enforcing tough new rules on the likes of Facebook and Google, demanding they either pay a fixed fee to display news content on their websites, or strike their own deals directly with publishers. That feud reached boiling point in February, when Facebook briefly blocked Australian users from sharing news on its properties altogether.
The row effectively ended in Australia when both Facebook and Google signed multi-million dollar deals with local news publishers to display their content on their respective news feed and search engine. But regulators in the US, the EU, and Canada took note.
Earlier this year, Google and a French news publishers' lobby, Alliance de la Press d'Information Générale, said they had agreed to a copyright framework that would see the tech giant reimburse them for their content.
On Tuesday, however, Isabelle de Silva, president of
"The sanction of €500 million takes into account the exceptional seriousness of the breaches observed," Silva said.
As part of the ruling, Google has been ordered to enter fresh negotiations with the relevant French publishers within two months, or else face fines of up to €900,000 (or just over $1 million) a day.
A Google spokesperson told Bloomberg the company was "very disappointed" with the decision, adding that it "acted in good faith throughout the entire process."
The fine against Google is the second largest in the Autorité's history, surpassed only by the €1.1 billion (or around $1.2 billion) penalty it issued against Apple for alleged anticompetitive practices last year.
Google has been hit by an array of fines by European lawmakers in recent years. The tech giant was hit with $10 billion worth of fines between 2017 and 2019 over various alleged antitrust breaches.
Insider approached Google for further comment.
Are you a current or former Googler with more to share? You can contact this reporter securely using the encrypted messaging app Signal (+447801985586) or email (email@example.com). Reach out using a nonwork device.
- SIMPLY PUT: What happened before India got Freedom@Midnight
- Here’s how much banks have increased home loan interest rates
- Avatar 2, Black Panther 2, Ant Man — Here is a complete list of Hollywood movies expected to hit Indian theaters in the next 6-7 months
- Taj Hotels’ Qmin food delivery app claims to be the only profitable business among its peers
- India's foreign exchange reserves fall to $573 bn