Google monopoly fine in Mexico case could see the tech giant face an 8 percent revenue penalty after Cofece’s probe into alleged digital advertising monopoly.
The Federal Economic Competition Commission (Cofece) is set to announce by June 17 whether Google violated Mexico’s competition laws by abusing its dominance in digital advertising. If the agency rules against the U.S. tech giant, Google could face a fine equivalent to 8 percent of its local revenue—a penalty that would rank among the stiffest ever imposed by Cofece.
Cofece opened its . . .
