Fines (Penalties)

Google Pays $270 Million to Settle Antitrust Charges in France

LONDON — Google agreed to pay roughly $270 million in fines and change some of its business practices as part of a settlement announced on Monday with French antitrust regulators who had accused the company of abusing its dominance of the online advertising market. The agreement was one of the first times an antitrust regulator …

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How China’s Tencent Avoided an Antitrust Push, For Now.

That’s glossing over the huge power imbalance between Tencent and the many satellite companies in its orbit. Colin Huang, founder of Pinduoduo, hinted at that in a 2018 interview, in which he groused that WeChat declined to help censor accusations about fake merchandise on his shopping platform. “Tencent won’t die when Pinduoduo dies,” he said, …

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