Money - International
France fines Google €500m in news copyright row
The logo of Google is seen on a building at La Defense business and financial district in Courbevoie near Paris September 1, 2020. u00e2u20acu201d Reuters pic

PARIS, July 13 — France’s competition regulator on Tuesday slapped Google with a €500-million (RM2.4 billion) fine for failing to negotiate "in good faith” with media companies over the use of their content under EU copyright rules.

In a ruling published on its website, the Competition Authority also ordered Google to present media publishers with "an offer of renumeration for the current use of their copyrighted content”, or risk paying additional damages of up to €900,000 a day. — AFP

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