financetom
Business
financetom
/
Business
/
Alphabet's Google Fined $75 Million By Turkish Antitrust Regulator
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Alphabet's Google Fined $75 Million By Turkish Antitrust Regulator
Dec 13, 2024 7:40 AM

10:19 AM EST, 12/13/2024 (MT Newswires) -- Alphabet's (GOOG, GOOGL) Google ( GOOG ) was fined 2.61 billion Turkish lira ($74.7 million) by the Turkish Competition Authority for alleged breaches of the country's competition rules, the watchdog said Friday.

The regulator said that a probe found that Google ( GOOG ) had secured an "unfair advantage for its own supply side platform service," based on having a dominant position in the "publisher ad server services market."

Google ( GOOG ) must provide other supply side platforms with conditions that "may not be less favorable than those applied to its own services," the watchdog said.

Google ( GOOG ) didn't immediately respond to a request for comment by MT Newswires.

Price: 193.26, Change: -0.37, Percent Change: -0.19

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Israel's Elbit Systems sees further growth from Iran war
Israel's Elbit Systems sees further growth from Iran war
Mar 17, 2026
* Elbit supplies systems for Israeli military use in Iran * Revenue rose 16% to $7.9 billion last year, spurred by Gaza war * Elbit shares have gained 51% in 2026 By Steven Scheer TEL AVIV, March 17 (Reuters) - Elbit Systems, Israel's largest defence firm, is seeing a new surge in demand due to the U.S.-Israeli war on Iran...
VisionWave's SolarDrone Agrees to Buy 51% Stake in Junko Solar
VisionWave's SolarDrone Agrees to Buy 51% Stake in Junko Solar
Mar 17, 2026
09:09 AM EDT, 03/17/2026 (MT Newswires) -- VisionWave ( VWAV ) said Tuesday its subsidiary SolarDrone has agreed to acquire a 51% controlling interest in Junko Solar, an Israeli solar panel maintenance and cleaning services company, for $204,000. The consideration is structured into three stages of payments, VisionWave ( VWAV ) said. As part of the acquisition, Junko Solar Founder...
Chipmaker Qualcomm unveils $20 billion stock buyback program
Chipmaker Qualcomm unveils $20 billion stock buyback program
Mar 17, 2026
March 17 (Reuters) - Smartphone chip designer Qualcomm ( QCOM ) on Tuesday unveiled a $20 billion stock buyback program, in addition to its existing $2.1 billion share repurchase authority. Shares of the company rose more than 2% in premarket trading. Qualcomm ( QCOM ) is also increasing its quarterly cash dividend by over 3%, to 92 cents per share...
IBM Completes Acquisition of Confluent, Making Real Time Data the Engine of Enterprise AI and Agents
IBM Completes Acquisition of Confluent, Making Real Time Data the Engine of Enterprise AI and Agents
Mar 17, 2026
Day-one integrations include IBM ( IBM ) watsonx.data, IBM MQ, IBM ( IBM ) webMethods Hybrid Integration, and IBM Z ARMONK, N.Y., March 17, 2026 /PRNewswire/ -- IBM today completed its acquisition of Confluent, Inc., the data streaming platform that more than 6,500 enterprises, including 40% of the Fortune 500, rely on to power real-time operations. Together, IBM ( IBM ) and...
Copyright 2023-2026 - www.financetom.com All Rights Reserved