After €2.95B fine, Google pitches remedy plan to calm EU regulators

After €2.95B fine, Google pitches remedy plan to calm EU regulators


What you necessary to know

  • Google is offering a new set of concessions to the EU in hopes of settling a massive antitrust dispute without breaking up its ad-tech business.
  • The remedies aim to give publishers more control, like setting different minimum bids for different acquireers and improving how its tools work with rival services.
  • Google argues a breakup would “harm thousands” of European publishers and advertisers who rely on its tools.

Google has dropped a package of concessions aimed at resolving a major antitrust fight with the EU, hoping to settle the dispute without breaking up its business.

This follows the European Commission’s decision in September to fine Google €2.95 billion ($3.4 billion) for what regulators describe as anti-competitive behavior in online advertising. Regulators declare Google utilized its position as both a vfinishor and a platform to promote its own tools and limit opportunities for competitors and publishers.



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