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Time of India
14-06-2025
- Business
- Time of India
Google comes out on top as years-long Mexico antitrust case closed
Mexico's antitrust watchdog said on Friday it had closed a case against Google , clearing the tech giant from any potential fines, after a multi-year investigation determined it did not engage in monopolistic practices in the country. The investigation by Mexico's Federal Economic Competition Commission (Cofece), which began in 2020, focused on Google's digital advertising services via its search page as well as third-party websites. The investigation focused on Google's advertising services via its search page as well as third-party websites, examining whether the company had an undue advantage over competitors in the digital advertising sector stemming from the design of its platform for buying online advertising. Cofece said in a statement on Friday that its analysis had determined that Google users were not required to purchase advertising on third-party websites in order to purchase advertising on the Google search engine. "We appreciate COFECE's decision recognizing that our products give advertisers the freedom and control to use our tools in the ways that best suit their needs," a Google spokesperson said. Google had been facing a fine of up to 8% of its annual revenue in Mexico if Cofece determined it engaged in monopolistic practices. Google parent Alphabet does not include specific revenue numbers for Mexico in its earnings reports, but according to annual results for 2024, the company's revenue for its "other Americas" region, which includes Latin America, was about $20.4 billion. Google is facing antitrust challenges around the world as regulators fear how its search engine gives it an advantage. In the United States, a U.S. district judge last year ruled Google holds an unlawful monopoly in online search and related advertising. The U.S. Justice Department and a coalition of states want Google to share search data and cease multibillion-dollar payments to Apple and other smartphone makers to be the default search engine on new devices. In a separate case, a U.S. federal judge said Google illegally dominated two markets for online advertising technology , with the Justice Department saying that Google should sell off at least its Google Ad Manager, which includes the company's publisher ad server and its ad exchange.
The Hindu
14-06-2025
- Business
- The Hindu
Google comes out on top as years-long Mexico antitrust case closed
Mexico's antitrust watchdog said on Friday it had closed a case against Google, clearing the tech giant from any potential fines, after a multi-year investigation determined it did not engage in monopolistic practices in the country. The investigation by Mexico's Federal Economic Competition Commission (Cofece), which began in 2020, focused on Google's digital advertising services via its search page as well as third-party websites. The investigation focused on Google's advertising services via its search page as well as third-party websites, examining whether the company had an undue advantage over competitors in the digital advertising sector stemming from the design of its platform for buying online advertising. Cofece said in a statement on Friday that its analysis had determined that Google users were not required to purchase advertising on third-party websites in order to purchase advertising on the Google search engine. "We appreciate COFECE's decision recognizing that our products give advertisers the freedom and control to use our tools in the ways that best suit their needs," a Google spokesperson said. Google had been facing a fine of up to 8% of its annual revenue in Mexico if Cofece determined it engaged in monopolistic practices. Google parent Alphabet does not include specific revenue numbers for Mexico in its earnings reports, but according to annual results for 2024, the company's revenue for its "other Americas" region, which includes Latin America, was about $20.4 billion. Google is facing antitrust challenges around the world as regulators fear how its search engine gives it an advantage. In the United States, a U.S. district judge last year ruled Google holds an unlawful monopoly in online search and related advertising. The U.S. Justice Department and a coalition of states want Google to share search data and cease multibillion-dollar payments to Apple and other smartphone makers to be the default search engine on new devices. In a separate case, a U.S. federal judge said Google illegally dominated two markets for online advertising technology, with the Justice Department saying that Google should sell off at least its Google Ad Manager, which includes the company's publisher ad server and its ad exchange.
Yahoo
13-06-2025
- Business
- Yahoo
Google comes out on top as years-long Mexico antitrust case closed
MEXICO CITY (Reuters) -Mexico's antitrust watchdog said on Friday it had closed a case against Google, clearing the tech giant from any potential fines, after a multi-year investigation determined it did not engage in monopolistic practices in the country. The investigation by Mexico's Federal Economic Competition Commission (Cofece), which began in 2020, focused on Google's digital advertising services via its search page as well as third-party websites. The investigation focused on Google's advertising services via its search page as well as third-party websites, examining whether the company had an undue advantage over competitors in the digital advertising sector stemming from the design of its platform for buying online advertising. Cofece said in a statement on Friday that its analysis had determined that Google users were not required to purchase advertising on third-party websites in order to purchase advertising on the Google search engine. "We appreciate COFECE's decision recognizing that our products give advertisers the freedom and control to use our tools in the ways that best suit their needs," a Google spokesperson said. Google had been facing a fine of up to 8% of its annual revenue in Mexico if Cofece determined it engaged in monopolistic practices. Google parent Alphabet does not include specific revenue numbers for Mexico in its earnings reports, but according to annual results for 2024, the company's revenue for its "other Americas" region, which includes Latin America, was about $20.4 billion. Google is facing antitrust challenges around the world as regulators fear how its search engine gives it an advantage. In the United States, a U.S. district judge last year ruled Google holds an unlawful monopoly in online search and related advertising. The U.S. Justice Department and a coalition of states want Google to share search data and cease multibillion-dollar payments to Apple and other smartphone makers to be the default search engine on new devices. In a separate case, a U.S. federal judge said Google illegally dominated two markets for online advertising technology, with the Justice Department saying that Google should sell off at least its Google Ad Manager, which includes the company's publisher ad server and its ad exchange.
TimesLIVE
02-06-2025
- Business
- TimesLIVE
Google says it will appeal online search antitrust decision
Alphabet's Google on Saturday said it will appeal an antitrust decision under which a federal judge proposed less aggressive ways to restore online search competition than the 10-year regime suggested by antitrust enforcers. "We will wait for the court's opinion. And we still strongly believe the Court's original decision was wrong, and look forward to our eventual appeal," Google said in a post on X. US district judge Amit Mehta in Washington heard closing arguments on Friday at a trial on proposals to address Google's illegal monopoly in online search and related advertising. In April a federal judge said that Google illegally dominated two markets for online advertising technology, with the US department of justice (DOJ) saying that Google should sell off at least its Google Ad Manager, which includes the company's publisher ad server and its ad exchange. The DOJ and a coalition of states want Google to share search data and cease multibillion-dollar payments to Apple and other smartphone makers to be the default search engine on new devices.
Time of India
02-06-2025
- Business
- Time of India
Google says it will appeal online search antitrust decision
HighlightsAlphabet's Google announced its intention to appeal a recent antitrust decision regarding its online search competition dominance. A federal judge has proposed less aggressive remedies than the 10-year regime suggested by antitrust enforcers, which included the potential sale of Google Ad Manager. The United States Department of Justice and a coalition of states are concerned about Google's monopoly in search and its implications for competition in artificial intelligence products. Alphabet 's Google on Saturday said it will appeal an antitrust decision under which a federal judge proposed less aggressive ways to restore online search competition than the 10-year regime suggested by antitrust enforcers "We will wait for the Court's opinion. And we still strongly believe the Court's original decision was wrong, and look forward to our eventual appeal," Google said in a post on X. US District Judge Amit Mehta in Washington heard closing arguments on Friday at a trial on proposals to address Google's illegal monopoly in online search and related advertising. In April, a federal judge said that Google illegally dominated two markets for online advertising technology, with the US Department of Justice saying that Google should sell off at least its Google Ad Manager , which includes the company's publisher ad server and its ad exchange. The DOJ and a coalition of states want Google to share search data and cease multibillion-dollar payments to Apple and other smartphone makers to be the default search engine on new devices. Antitrust enforcers are concerned about how Google's search monopoly gives it an advantage in artificial intelligence products like Gemini and vice versa. John Schmidtlein, an attorney for Google, said at the hearing that while generative AI is influencing how search looks, Google has addressed any concerns about competition in AI by no longer entering exclusive agreements with wireless carriers and smartphone makers including Samsung Electronics, leaving them free to load rival search and AI apps on new devices.
