05/09/2025 | Press release | Distributed by Public on 05/09/2025 19:30
Arlington, VA - This afternoon, the European Commission announced that it will fine Google $3.45 billion for its anticompetitive actions in the advertising technology market, and gave the tech giant 60 days to return to the Commission with proposed remedies for its monopoly. This echoes an April decision in a case pursued by the Trump Department of Justice, in which a US federal judge found that Google had illegally maintained a monopoly in the advertising technology space.
In response to this announcement, Danielle Coffey, President and CEO of the News/Media Alliance, issued the following statement:
"Today's decision falls short of an appropriate remedy for Google's anticompetitive actions, but it is movement in the right direction and furthers the same goals that the Department of Justice and the Texas Attorney General have been pursuing in US courts. Namely, that Google must be held accountable for decades of abuse of its market power. Google's monopolistic tactics in the advertising market have starved content creators of revenue, forced users to pay higher prices, and silenced too many Americans.
While we hoped the remedies would have gone further, we are pleased that the European Union is beginning to align with the Trump administration in standing up to Big Tech monopolies and securing an open and free internet for everyone."