Anonymous ID: e35601 April 26, 2019, 8:21 p.m. No.6329906   🗄️.is 🔗kun

GOOGLE gets 1.7$ Billion fine

 

https://www.sec.gov/Archives/edgar/data/1652044/000119312519080167/d709513d8k.htm

 

https://abc.xyz/investor/news/releases/2019/0411/

 

Item 8.01.

Other Events.

 

On March 20, 2019, the European Commission (EC) announced its decision that certain contractual provisions in agreements that Google LLC, a wholly-owned subsidiary of Alphabet Inc. (“Alphabet”), had with AdSense for Search (AFS) partners infringed European competition law. The EC decision imposes a €1.49 billion fine and directs actions relating to the AFS agreements. Alphabet expects that it will accrue the fine in the first quarter of 2019.