financetom
Business
financetom
/
Business
/
Alphabet's Google Fined $8.9 Million by Turkish Competition Authority
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Alphabet's Google Fined $8.9 Million by Turkish Competition Authority
Jul 10, 2025 7:11 AM

09:46 AM EDT, 07/10/2025 (MT Newswires) -- Alphabet's (GOOG, GOOGL) Google ( GOOG ) has been assessed an administrative fine of around 355.1 million lira ($8.9 million) by the Turkish Competition Authority for failing to comply with regulatory obligations to remedy its dominant position in search services over local competitors, the agency said Thursday.

The government agency had imposed a number of obligations "to remedy the infringement and establish competition in the market" due to a previous probe, according to the statement.

Alphabet did not immediately reply to a request for comment from MT Newswires.

Price: 176.64, Change: -1.02, Percent Change: -0.57

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 >
Rupert Resources Q4 Loss Narrows on Cost Cuts and Decline in Impairments
Rupert Resources Q4 Loss Narrows on Cost Cuts and Decline in Impairments
May 29, 2024
08:31 AM EDT, 05/29/2024 (MT Newswires) -- Rupert Resources ( RUPRF ) , which rose 1.8% yesterday, said on Wednesday that its fourth-quarter loss narrowed amid a decrease in general and administrative costs, a decline in impairment of exploration and evaluation assets, and a decrease in share-based payments. The company reported a fourth-quarter total comprehensive loss attributable to owners of...
Heron Therapeutics Submits Prior Approval Supplement to the FDA for Zynrelef Vial Access Needle
Heron Therapeutics Submits Prior Approval Supplement to the FDA for Zynrelef Vial Access Needle
May 29, 2024
08:35 AM EDT, 05/29/2024 (MT Newswires) -- Heron Therapeutics ( HRTX ) said Wednesday it submitted the prior approval supplement to the US Food and Drug Administration for Zynrelef's extended-release solution Vial Access Needle. The company is seeking approval for the new Zynrelef kit, which could simplify preparation and reduce the drug's withdrawal time to 20 to 45 seconds from...
Red Pine Says Wawa Project Drilling Shows Gold Mineralization as it Deals With Misreported Prior Assay Results
Red Pine Says Wawa Project Drilling Shows Gold Mineralization as it Deals With Misreported Prior Assay Results
May 29, 2024
08:37 AM EDT, 05/29/2024 (MT Newswires) -- Red Pine Exploration ( RDEXF ) on Wednesday said exploration drilling at its Wawa gold project in Ontario showed gold mineralization, announcing results that come after the company had to correct earlier assay results from the project. The company said best results from from assays on 14 exploration holes drilled into the Jubilee...
Dick's Sporting Goods Q1 Earnings: Revenue Growth, Net Store Closures And Hike In Profit Outlook
Dick's Sporting Goods Q1 Earnings: Revenue Growth, Net Store Closures And Hike In Profit Outlook
May 29, 2024
Dick's Sporting Goods Inc (NYSE:DKS) shares are trading higher after the company reported better-than-expected first-quarter FY24 earnings and raised the outlook. The company reported first-quarter FY24 sales growth of 6.2% year-on-year to $3.02 billion, beating the analyst consensus estimate of $2.94 billion. Comparable store sales increased 5.3% versus a 3.6% growth a year ago. Adjusted EPS of $3.30 beat the...
Copyright 2023-2026 - www.financetom.com All Rights Reserved