Turkish Competition Authority Fines Google $14.85 Million Over Hotel Search Practices
The Turkish Competition Authority has imposed a fine of approximately 482 million lira ($14.85 million) on Google. The fine, announced on Monday, arises from Google’s alleged failure to meet its obligations related to hotel searches, which the authority claims stifles fair competition.
The penalty is the latest in a series of actions by global regulatory bodies aiming to ensure fair market practices by large tech companies. According to the Turkish competition board that issued the fine, Google has not adequately addressed concerns regarding its practices in the local market, particularly in relation to how its search engine handles hotel search results.
“The fine was imposed due to Google’s failure to address the competition board’s concerns over fair competition with other local search engines,” the authority stated. This indicates ongoing dissatisfaction with how Google prioritizes its services over those of competitors, potentially disadvantaging local businesses and alternative search providers.
Google, which operates under the parent company Alphabet, has faced similar scrutiny and legal challenges across various jurisdictions worldwide. Regulators in the European Union and the United States have also levied significant fines on the company for various antitrust violations, reflecting a broader trend of increasing regulatory pressure on major tech firms.
This latest fine adds to the ongoing debate about the balance of power in digital markets and the role of regulatory bodies in maintaining competitive fairness.
Source: Reuters
Featured News
Electrolux Fined €44.5 Million in French Antitrust Case
Dec 19, 2024 by
CPI
Indian Antitrust Body Raids Alcohol Giants Amid Price Collusion Probe
Dec 19, 2024 by
CPI
Attorneys Seek $525 Million in Fees in NCAA Settlement Case
Dec 19, 2024 by
CPI
Italy’s Competition Watchdog Ends Investigation into Booking.com
Dec 19, 2024 by
CPI
Minnesota Judge Approves $2.4 Million Hormel Settlement in Antitrust Case
Dec 19, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – CRESSE Insights
Dec 19, 2024 by
CPI
Effective Interoperability in Mobile Ecosystems: EU Competition Law Versus Regulation
Dec 19, 2024 by
Giuseppe Colangelo
The Use of Empirical Evidence in Antitrust: Trends, Challenges, and a Path Forward
Dec 19, 2024 by
Eliana Garces
Some Empirical Evidence on the Role of Presumptions and Evidentiary Standards on Antitrust (Under)Enforcement: Is the EC’s New Communication on Art.102 in the Right Direction?
Dec 19, 2024 by
Yannis Katsoulacos
The EC’s Draft Guidelines on the Application of Article 102 TFEU: An Economic Perspective
Dec 19, 2024 by
Benoit Durand