Italy's communication authority fines Google over gambling advertising By Reuters

Italy's communication authority fines Google over gambling advertising

Stock Markets Aug 02, 2022 09:51AM ET

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Italy's communication authority fines Google over gambling advertising

MILAN (Reuters) - Italy's communication authority said on Tuesday it had fined tech giant Google, owned by parent company Alphabet (NASDAQ:GOOGL), 750,000 euros ($766,350) for allegedly breaching a ban on gambling advertising on its YouTube video platform.

Italy's AGCOM said in a statement that it had also fined TOP ADS, the creator of the advertisement content, 700,000 euros.

Google had no immediate comment.

($1 = 0.9787 euros)

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