important note from National Markets and Competition Commission with Google. Spanish body headed by Canine Fernandez It was opened after a complaint from the Spanish Center for Reproductive Rights, A disciplinary file Against Google and its matrix alphabet for “possible anti-competitive practices” affecting companies press publishers and news agencies. The complaining organization was tasked with collecting the ‘Google Fee’, the canon established in the Intellectual Property Law.
“The behavior investigated may include abuse “By Google in its dominant position in the Spanish market,” the organization detailed in a press release this Tuesday. “The practices investigated will also include possible acts of unfair competition that may affect public interests by disrupting free competition,” the commission added.
According to the Commission, these practices will consist of possible sanctions. “unfair” trading conditions In publishers of press publications and news agencies established in Spain for the use of content protected by intellectual property rights.
In light of this complaint of the Spanish Center for Copying Rights (CEDRO) and the information gathered under the confidential information phase, CNMC has been issued by Google in accordance with Articles 3 and 102 of the 2nd Competition Act. Treaty on the Functioning of the European Union”terminates the organism.
In any case, remember that The initiation of this file does not prejudice the final outcome of the investigation.. In any case, from now on a maximum eighteen months for the examination and decision of the case.
Google’s answer
A Google spokesperson assured that the company is working “constructively” With publishers in Spain and Europe. “We are making significant investments through our products, programs and funds; “We will look into the details of this case and answer CNMC’s questions,” he said.
If a light penalty is imposed, the fine can be as high as 1% of the company’s total worldwide turnover. If serious, this rate can go up to 5%. maybe 10% if it gets too serious. According to the CNMC, in this case there would be serious or very serious violations.
Until now, CNMC hasn’t been too demanding of tech giants. This is the second time such a lawsuit has been filed against these digital multinationals. The first lawsuit was in 2021, in early June 2021, when CNMC filed another lawsuit against Amazon and Apple for anticompetitive practices.
Google’s profit last year totaled $59,972 million ($4.56 per share), down 21% from the previous year ($76,033 million). And all this despite a 10% increase in revenue reaching 282,836 million. at the end of January, The company announced it would lay off 12,000 Google employees.
Source: Informacion
James Sean is a writer for “Social Bites”. He covers a wide range of topics, bringing the latest news and developments to his readers. With a keen sense of what’s important and a passion for writing, James delivers unique and insightful articles that keep his readers informed and engaged.