The Paris administration fined Google, owned by Alphabet, for copyright reasons.
The 500m euro fine comes amid growing international pressure for online platforms like Google and Facebook to share more revenue with news organizations.
The US-based company needs to make recommendations over the next two months on how it will compensate news agencies and other publishers for the use of the news.
Failure to do so will face additional fines of up to 900,000 euros per day.
500 million euro copyright fine from France to Google #1
Stating that France’s decision was disappointing, Google announced that they would comply with the decision.
In the statement, “Our goal is the same: We want to turn the page with a specific agreement. We will take into account the feedback of the French Competition Authority and adapt our offers.” it was said.
“WE MADE IT WITH GOOD FAITH”
A Google spokesperson added: “We acted in good faith throughout the entire process. The fine ignores our efforts to reach an agreement and the reality of how news works on our platforms.” he said.
Google had agreed to pay a group of 121 French news publishers $76 million over three years to settle the copyright dispute.