Google intends to appeal Turkey’s competition authority decision to fine the Alphabet subsidiary 2.61 billion lira ($75 million), the company said on Friday.
“The Turkish authority decision does not take into account the intense competition where ad buyers and sellers have plenty of choice,” a spokesperson told Reuters via e-mail, adding that the company is committed to supporting Turkish businesses, publishers and users in the highly competitive sector.
Turkey’s competition authority has fined Alphabet Inc’s Google 2.61 billion lira ($75 million), for taking advantage of its dominant position in the ad server services market, the regulator said in a statement on Friday.
Discover the stories of your interest