Google agreed to let ads by rival companies settle an antitrust probe.
CNBC reports that CNBC believes this will save CNBC from an EU antitrust investigation.
The European Commission opened a probe last year to examine whether the world’s largest provider of search and video was giving itself an unfair advantage in digital advertising by restricting rivals’ and advertisers’ access to user data.
The CNBC report added that the company earned $147 billion in revenue from online ads last year—approximately 16% of the company’s revenue.
Reuters also reported that Amazon had offered to share information with sellers in order to boost competitors’ products and avoid being fined.
Google and Apple now face antitrust probes in the U.K.
The Wall Street Journal reported that the U.K.’s competition regulator investigated the market power the companies have.
Conservatives under attack Your representatives should be contacted to insist that Big Tech be held responsible for ensuring the First Amendment is mirrored and conservatives are treated equally. If you have been censored, contact us using CensorTrack’s Contact formHelp us to hold Big Tech responsible.
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