The American multinational corporation Google, fined in France for copyright infringement, has announced its intention to appeal the decision of the French regulatory authorities. This was announced on Wednesday, September 1, the chairman of the board of Google France Sebastien Missoff.
“We do not agree with some legal nuances and consider the amount of the fine inappropriate compared to the efforts we have made to reach an agreement (with news companies. – Ed.) and compliance with the new law,” – said in a statement the top manager.
Earlier this year, the French Antimonopoly Office reportedly fined Google Internet company 500 million euros for copyright infringement by French media and news outlets. It is a dispute over the aggregation of media headlines and fragments of their publications in the Google News service.
This is the largest fine ever imposed by the French antitrust authority.
In April 2020, the French antitrust regulator ordered Google to negotiate a fee for the use of copyrighted content. The so-called “related rights” rules are designed to ensure that news publishers are compensated when their content is displayed on websites, search engines and social networking platforms.
These are news, photos and videos of the media, which are shown on Google or YouTube. Media companies have claimed that by making money from content through advertising, Google does not pay them to use it.
In addition to the fine, the French regulator ordered Google to offer publishers and news agencies payment for the use of their content within two months of the event, and to inform the regulator itself. If this is not done, the Internet company will face a fine of up to 900 thousand euros per day. Google expressed “great disappointment” in connection with this punishment.
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In 2021, Russia’s Gazprom supplied 20.3 billion cubic meters of gas to Turkey, which is the maximum figure in less than nine months. This was reported by the company’s press service following a meeting of its chairman Alexei Miller with Turkish Minister of Energy and Natural Resources Fatih Donmez on Monday, September 20. At the […]
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China reduced its US Treasury bond portfolio by $ 6.22 billion to $ 1.062 trillion amid strained relations with Washington in September. This was reported on Friday by the South China Morning Post, citing data from the US Treasury. This was the lowest amount of these investments since February 2017. According to the publication, China […]Next
This week Chipotle (Chipotle Mexican Grill) closed another restaurant, this time in Boston, after a large number of students were poisoned by food. Questions of consumers about quality of products in Chipotle grow. Similar cases have been seen in other states, when people feel bad after a visit to Chipotle. Food scandal confused the investors […]Next
LVMH CEO Bernard Arnault topped the list of the world’s richest people with a fortune of $ 186.3 billion, surpassing Amazon founder Jeff Bezos by $ 300 million. This was reported by Forbes. The top three also included Tesla and Space X chairman Elon Musk ($ 147.3 billion). According to the publication, Arno’s wealth increased […]Next
Ferrari and Lamborghini announced the termination of official deliveries of its supercars on the territory of Ukraine in 2016 due to the unstable situation in the local market. This was announced by Victor Postelnikov the “Vipos” CEO who sell these models. “Because of the situation in the country, our market is not ready today to […]Next
American video game company, Roblox Corporation, is working with the investment banks on the preparation for listing on the US stock exchange, which may happen early next year. According to the Reuters, such step should help Roblox to take advantage becoming popular during the pandemic. The company expects to be able to double its recent […]Next
Ukraine continues to work on prevention the Russian Nord Stream-2 gas pipeline from operating. The methods by which Kyiv hopes to prevent the launch of the gas pipeline were revealed by the head of Naftogaz Yuriy Vitrenko in an interview with Radio Svoboda. “The battle is lost, but the war is not lost. And our” […]Next
The most popular cryptocurrency bitcoin has risen again to 60 thousand dollars. Its value increases on the news of a possible reduction in supply. Reuters writes about it. Note that bitcoin first took this bar on March 13, reaching a record high of $ 61,781.83 on the Bitstamp exchange. This came immediately after US President […]Next
Shares of Alphabet, which rose 18.2% over the past 6 months, rose 9% after closing trading on Thursday when the global advertising giant announced significant improvements in the reporting quarter. Google’s parent financial report far exceeded analysts’ expectations and showed a resumption of advertising revenue growth after reporting a drop in revenue for the first […]Next
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