Canada wants Google to split two of its ad tech tools and pay an administrative penalty “equal to three times the value of the benefit derived from Google’s anti-competitive practices, or if that amount cannot be reasonably determined, 3% of Google’s worldwide gross revenues.” So, potentially a decent chunk of cash.
Google is facing suits all over the place right now as countries struggle to reign in the company.
In 2021, the US launched a suit against Google alleging it was subverting competition in the online ad space. That suit, similar to the Canadian case, is ongoing. The US is also looking to break up Google, demanding it sell off its Chrome browser after a judge ruled in a separate case that the company has a monopoly on internet searches.
The European Union is also fighting Google over its ad practices, leaving the company encircled, but nowhere near defeated as cases, appeals, and deal-making will drag on for months or years.
