The French antitrust watchdog has fined Google €500 million for allegedly failing to comply with the country’s publishers on copyright issues.
According to Reuters, the fine comes amid growing international pressure on tech powerhouses like Google and Facebook to share revenue with media outlets.
Google filed an official response to the fine, stating that it is very disappointed with the decision apart from maintaining good faith relationships with publishers.The tech behemoth explained in a statement
A Google official also supported the company’s position on the issue, saying, “We have acted in good faith throughout the entire process.”The fine ignores our efforts to reach an agreement as well as the reality of how news works on our platforms.”
The French media groups APIG, SEPM, and AFP accuse Google of failing to establish a “common ground for reward of news content online,” and the highlighted penalty will amount to €1.1 million per day if the tech giant does not compensate these publishers within the next two months.
It’s worth noting that this is France’s largest-ever fine for a company’s failure to follow the region’s regulations.