PARIS: A French competitors has fined US know-how firm Google 500 million euros (9.41 billion Pakistani rupees).
In keeping with a report by a international information company, there was a dispute between French publishers and Google over the fee of compensation for the usage of information.
The French competitors firm has warned Google that if it fails to submit a proposal inside two months stating the way it can pay publishers and information companies for its content material, it would pay 900,000 euros a day. There will probably be a penalty accordingly.
Google France says it’s disenchanted with the choice, the tremendous is opposite to the details about its efforts and the usage of information on its platform.
Google says it was not solely negotiating but in addition near an settlement with some publishers.
It ought to be famous that the French anti-monopoly company had ordered Google in April final yr to barter with information companies inside three months, non-compliance has now been fined.