Regulators Accuse Company of Distorting Competition
The European Commission has ordered Google to pay €2.95 billion after finding the company misused its dominant role in online advertising. According to officials, Google tipped the balance in favour of its own ad exchange and publishing platform, curbing fair rivalry and narrowing the choices available to advertisers and media outlets.
Brussels Demands Swift Action
Authorities have given the company two months to outline changes that will end the contested practices. Regulators warned they are prepared to escalate with stronger steps, including the potential separation of parts of Google’s advertising arm, if the response is inadequate. Google has said it intends to appeal the decision, maintaining its services deliver value to partners.
Industry Voices Welcome the Move
Media organisations hailed the penalty as a major victory for fairness in the digital ad economy, while advertising networks suggested the decision could unlock opportunities for smaller competitors. The true impact, however, will hinge on how the required reforms are implemented and on the outcome of the company’s legal challenge before the EU courts.