For beleaguered U.S. news publishers, who have banded together in preparation for taking on internet giants Google and Facebook, last week’s financial headlines had to offer some rays of hope.
The $2.7 billion fine levied by European Union regulators gutted second quarter profits for Alphabet Inc., the parent company of Google. And that is just the tip of the iceberg in terms of potential further sanctions, should it fail to comply with the search engine adjustments the EU has demanded.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
