Google fined $75m by Turkey for breach of competition law

(Sharecast News) - Alphabet's Google has been fined 2.61 billion lira ($75m), by Turkey's competition authority for taking advantage of its dominant position in the ad server services market, the regulator said on Friday. The investigation examined allegations that Google introduced restrictions to ensure the exclusive use of its own demand and supply-side platforms which hampered the operations of third-party providers.

Google must ensure within six months that competitors are not disadvantaged and provide third-party supply-side providers similar conditions that are applied to its own services, the regulator added.

"In case they fail to implement the obligations specified ... daily administrative fines should be imposed," it said in a statement.

Google was contacted for comment.

Reporting by Frank Prenesti for Sharecast.com