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Which regulatory body will impose the next major fine on Google by end of 2024?
2
Resolution / Starting Odds
European Commission • 25%
U.S. Department of Justice • 25%
Federal Trade Commission • 25%
Other • 25%
Public announcements, regulatory filings, and news reports
Story
Google Settles Adtech Case, Avoids Jury Trial with $2.3M Payment, Google Shopping Generates $500M Annually
Sep 15, 2024, 01:30 AM
Google has managed to avoid a jury trial in its significant adtech case by paying a settlement of $2,289,751. This case is part of a broader pattern of financial penalties the company has faced over the years. Google's ad revenue practices have been scrutinized, with estimates suggesting the company makes billions annually from its AdX platform. Additionally, Google has previously faced fines related to its Google Shopping service, which reportedly generates around $500 million per year. Kent Walker, a senior executive, had previously decided to appeal fines for as long as possible, resulting in at least $3.5 billion in avoided payments over seven years.
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Antitrust fine • 25%
Privacy fine • 25%
Content regulation • 25%
Other • 25%
Yes • 50%
No • 50%
Yes • 50%
No • 50%
Yes • 50%
No • 50%
Another antitrust fine • 25%
Privacy-related fine • 25%
New regulations • 25%
No major action • 25%
U.S. Justice Department • 25%
European Commission • 25%
U.K. Competition and Markets Authority • 25%
Other • 25%
Fines • 25%
Restrictions • 25%
No action • 25%
Other • 25%
Yes • 50%
No • 50%
Fine against Google • 25%
Fine against Amazon • 25%
Fine against Meta • 25%
Fine against another tech company • 25%