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Google Appeals Copyright Fine
Description
Google ($GOOGL@US) announced today it would appeal a $591 million fine imposed by France’s antitrust watchdog in July. The fine follows a dispute with local media about paying for new content amid increasing international pressure for platforms like Google and Facebook ($FB@US) to share more revenue drawn from media outlets’ news. Google said it finds the fine ‘disproportionate.’ It plans to expand offers to 1,200 publishers, clarify aspects of its contracts, and share more data as the French Competition Authority requested.
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