Google’s Senior Vice President of Global Affairs, Kent Walker, issued a short statement in response.
“We’ve always agreed that healthy, thriving markets are in everyone’s interest. We’ve already made a wide range of changes to our products to address the Commission’s concerns. Over the next few months, we’ll be making further updates to give more visibility to rivals in Europe.”
The Alphabet company has previously defended the use of its ad technology, claiming it had been in place since 2006, is now superseded, and is a minor product.
In the fourth quarter of 2018, Google’s core advertising business saw revenue increase 20 percent from the previous quarter to $32.6 billion — the same rate of growth as the last quarter.
The European Commission said between 2006 to 2016 Google was by far the strongest player in online search advertising in the European Economic Area (EEA), with a market share above 70 percent.
from Just News Viral https://ift.tt/2OdEo1Z
0 Comments