French antitrust regulator fines Google 500 mln euros

French antitrust regulator fines Google 500 mln euros
# 13 July 2021 12:54 (UTC +04:00)

The French antitrust regulator announced on Tuesday that Google has to pay 500 mln euros in fines over a news copyright row, APA reports citing Sputnik.

According to the authority, the company had failed to negotiate "in good faith" with media outlets over the republishing of their content.

The tech giant now has a two-month deadline, or it will have to pay up to 900,000 euros per day.

"We have acted in good faith during the entire negotiation period. This fine does not reflect the efforts put in place, nor the reality of the use of news content on our platform", the company responded. "This decision is mainly about negotiations that took place between May and September 2020. Since then, we have continued to work with publishers and news agencies to find common ground".

Google said in response that it is "very disappointed" with the watchdog’s decision, saying that the fine ignores the efforts of the company to reach an agreement with news publishers.

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