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Categories Economy
Turkey fines Google $75 million for violating competition law
December 13, 2024
ISTANBUL (Reuters) – Turkey’s competition authority has fined Alphabet (NASDAQ:GOOGL) Inc’s Google 2.61 billion lira ($75 million), for taking advantage of its dominant position in ad server services market, the regulator said in a statement on Friday.
The antitrust body said Google has favored its own supply-side platform (SSP) service over rivals and that move made its competitors’ operations difficult.
Google must ensure within six months that competitors are not disadvantaged and provide third-party SSPs similar conditions that are applied to its own services, the regulator added.
($1 = 34.9456 liras)
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