Google should pay Rs 551 crore to information publications, know why?

Google has tied up with APIG Alliance, a bunch of French newspapers, underneath a brand new French regulation, underneath which the search engine large can pay Rs 551 crore to 121 French newspapers. The Alliance says that Google is incomes crores of rupees by exhibiting commercials with information from newspapers and digital information web sites on its platform. In such a scenario, newspapers and digital information publications have requested for a share of the earnings. Allow us to inform that Google had entered right into a three-year settlement with APIG Alliance solely final month to repay the cash, however the quantity of Rs 551 crore has now been fastened.

In line with the French company, Google France can pay Rs 551 crore to 121 information publications, underneath an settlement with APIG Alliance, a bunch of French newspapers. This deal between Google and APIG was carried out final month, however the quantity to be paid, it has now been determined. Google was reportedly not prepared for this initially. Nevertheless, now a three-year settlement has been reached between the search engine large and APIG.

Allow us to let you know that in 2014, an identical regulation was made in Spain, underneath which Google was requested to pay a big quantity to information organizations, however as an alternative of paying the quantity, Google closed its ‘Google Information’ class in Spain. Gave it. Google was getting ready to do one thing related with France, however Google needed to bow right down to the powerful stand of the federal government. The quantity can be determined based on the content material acquired from the information publication.

In line with a report by Amar Ujala, within the third quarter of 2020, Google did a enterprise of Rs 3.34 lakh crore, of which Rs 2.70 lakh crore was raised from promoting. So, Rs 551 crore does not seem to be an enormous quantity for Google.

First Spain, then France and now there’s information that Australia can be getting ready to make an identical regulation.

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