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What will happen to Google's market share in online advertising by end of 2024?
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Market analysis reports from reputable sources like Statista or eMarketer
Story
Google Wins Appeal Against $1.7 Billion EU Antitrust Fine Over AdSense, Hindering Rivals
Sep 18, 2024, 08:50 AM
Google has successfully challenged a €1.49 billion ($1.7 billion) antitrust fine imposed by the European Union in 2019. The EU's General Court annulled the fine, which targeted Google's AdSense product and online advertising practices, stating that the European Commission had not adequately considered all relevant circumstances. The fine was imposed five years ago for hindering rivals in online search advertising. This ruling comes as Google faces an ongoing antitrust trial in the United States over allegations of monopolizing the advertising technology market. The trial has seen testimony from YouTube's CEO Neal Mohan, who defended Google's practices, and other industry executives who claim Google stifled competition.
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