EU gives antitrust deadline to Google


by CBR Staff Writer| 20 December 2012

End of long-running antitrust saga could be near

European Union regulators have given Google one month to close a settlement with the EU competition authority. It also revealed that the company has made considerable progress in addressing concerns for allegedly misusing its dominance in the market.

EU antitrust chief JoaquĂ­n Almunia said that Google will have to send a final proposal by the end of January 2013 to resolve all concerns.

"Since our preliminary talks with Google started in July, we have substantially reduced our differences regarding possible ways to address each of the four competition concerns expressed by the commission," Almunia said. "The preliminary assessment would serve as a basis for Google to present formal commitments which would then be market-tested, leading to a possible decision with binding commitments."

Google is alleged to have discriminated against some sites by downplaying them in its rankings, closing down competition with advertising agreements with other websites, as well as restraining advertisers from shifting their online ad campaigns to rival search engines.

The signing of the deal would conclude an investigation started two years ago by the EU antitrust watchdog and the US Federal Trade Commission (FTC) to verify whether Google distorts search results to favour its services.

Google, which is close to deal with the FTC, had agreed to modify its algorithms and search practices.

Post a comment

Comments may be moderated for spam, obscenities or defamation.
Privcy Policy

We have updated our privacy policy. In the latest update it explains what cookies are and how we use them on our site. To learn more about cookies and their benefits, please view our privacy policy. Please be aware that parts of this site will not function correctly if you disable cookies. By continuing to use this site, you consent to our use of cookies in accordance with our privacy policy unless you have disabled them.