Europe Seeks to Break Up Google’s Advertising Business

IranGate
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Europe Seeks to Break Up Google's Advertising Business

Europe seeks to break up Google’s advertising business

The European Commission says Google’s profitable dominance in the online advertising market constitutes an abuse of its position

Margrethe Vestager, Vice President of the Commission, has stated that the European Union believes Google should sell part of its market so that by transferring it to others, the company’s anti-competitive position can be corrected

If this order is not complied with, Google will face fines of up to ten percent of its global revenue

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