Paris Court Orders Google to Pay €26.5 Million to Equativ in Advertising Dispute
The Paris Commercial Court mandated Google to pay €26.5 million to French advertising firm Equativ. The judgment stems from a lawsuit filed in 2022, where Equativ accused the tech giant of leveraging its own advertising tools to gain an unfair competitive edge, thereby inflicting financial harm on the French company, which also operates in the online advertising sector.
According to Euroactive, the court’s decision is influenced by a prior €220 million penalty imposed on Google by the French Competition Authority in 2021. This earlier ruling had already established that Google engaged in anti-competitive behavior within the digital advertising market. Equativ initially sought €369.1 million in damages on an international scale, but the court’s ruling confined the compensation to losses incurred in France, significantly reducing the potential payout.
Read more: Google Agrees to Provide AI-Related Documents in Monopoly Case
In response to the court’s verdict, Google expressed its dissatisfaction, pointing to what it termed “misinterpretations” of the advertising technology landscape. The company reiterated its commitment to addressing concerns raised by the Competition Authority. As of now, Google has not indicated whether it plans to appeal the ruling.
Meanwhile, Equativ has opted not to comment on the outcome of the case. The dispute underscores the increasing scrutiny by French regulators of the practices of major digital companies, highlighting ongoing concerns about competition within the online advertising arena.
Source: Euroactive
Featured News
Amazon Faces Legal Setback in Antitrust Lawsuit Over Pricing Practices
Nov 21, 2024 by
CPI
Google Allegedly Encouraged Evidence Destruction to Dodge Antitrust Scrutiny: Report
Nov 20, 2024 by
CPI
Veteran DOJ Prosecutor Joins Farella Braun + Martel as Partner
Nov 20, 2024 by
CPI
DuckDuckGo Urges EU to Expand Google Probes Over Compliance Issues
Nov 20, 2024 by
CPI
Apple Seeks Dismissal of DOJ Antitrust Case in Latest Big Tech Legal Battle
Nov 20, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Remedies Revisited
Oct 30, 2024 by
CPI
Fixing the Fix: Updating Policy on Merger Remedies
Oct 30, 2024 by
CPI
Methodology Matters: The 2017 FTC Remedies Study
Oct 30, 2024 by
CPI
U.S. v. AT&T: Five Lessons for Vertical Merger Enforcement
Oct 30, 2024 by
CPI
The Search for Antitrust Remedies in Tech Leads Beyond Antitrust
Oct 30, 2024 by
CPI