Google fined by French antitrust authorities

France's antitrust authorities have announced they will impose a fine on Google for abusing its dominant position in online advertising in favor of its own services.

Google decided to settle in the case, including the fine of 220 million euros, or about 268 million dollars, and said it would improve the interoperability of its advertising services.

The French competition watchdog made the announcement on Monday. It said in a statement that a company in a dominant position is subject to a particular responsibility of not undermining the competition.

The watchdog's chief said the sanction on the US tech giant is "the first decision in the world to look into complex algorithmic auctions processes through which online display advertising works."